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To: marginmike who wrote (37932)5/3/2002 3:28:50 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
I don't forget, MM. . . I don't look. It's a different link and A) I don't much follow the golds (though I admit that Freeplet owns some AND I regret that I don't) and B) I haven't seen a correlation between the commericial gold position and the POG since I started noticing it posted here.

But I'm gonna guess that they're still short <g>

the gold-deprived freep



To: marginmike who wrote (37932)5/3/2002 3:50:29 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Soft is going to close outside of its down channel out of the March high. It's a decent chance it will just drain now to the September lows. A close of $50.25 or so would have given dip buyers a little hope.

The September lows are only 100 NDX points away. They are a magnet now.



To: marginmike who wrote (37932)5/3/2002 7:47:06 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
comms short 97681, lspecs even longer?

holy smokes. this is history in the making.

please, correct me if i'm wrong.

have a nice weekend mike



To: marginmike who wrote (37932)5/4/2002 8:43:09 AM
From: Clappy  Respond to of 209892
 
you always forget the COT golds-g-

Looking at the combined futures and options:
Commercials this week-
Added 2,822 Long contracts
Added 12,500 Short contracts

cftc.gov

They are also ~10,000 contracts net shorter against the Yen.
Shorter in most other currencies, too.

Betting on a bounce in the dollar, no doubt...