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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (35447)	3/29/2002 6:38:18 PM
From: High Country Trader	Read Replies (1) \| Respond to of 209892

Like any indicator the proponents of the COT can point to its successes while the opponents can point to its failures. I don't recall March 2000 as a turning point though. But I vividly recall May 2000 where for the first time in many a moon the large specs went net long (and stayed there for a record time) while the commercials went net short and the public net long. In fact, since the inception of the COT for the S&P in 1982, I can't recall many more negative periods like May 2000. So what happens? We get a huge stock marker rally that lasted until the end of August. Not what the COT gurus were predicting. In the end though all that counts is how much actual wealth we accumulate over time from our trading efforts. If some think the COT can help them achieve their trading goals, more power to them.