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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (88531)6/29/2002 6:00:13 PM
From: chainik  Respond to of 99280
 
<Naz is most interesting. The lightened up both long and short positions. Not sure what to make of that!>

I was also surprized by this. Could it be just summer vacations?



To: mishedlo who wrote (88531)6/29/2002 6:16:22 PM
From: augieboo  Read Replies (2) | Respond to of 99280
 
Naz is most interesting. The lightened up both long and short positions. Not sure what to make of that!

Mish, according to Shack & the Freep, the commercials increased their net short positions on both the S&P and the NDX. What am I missing here?

COT report out -- commercials slightly increased net short positions (Grubbed from The Freep & Shack on CFEWW)

S&P -- net short position up 4K

NDX -- net short position up 2K

NDX breakdown:
-- net short position in big contract up 14K
-- net short position in the mini reduced 60K
(or 12K big contract equivalents)
14K - 12K = 2K

Message 17671045



To: mishedlo who wrote (88531)6/29/2002 6:58:15 PM
From: public_heel  Respond to of 99280
 
Mishedlo - thanks - I've bookmarked that first link. It's striking, though, that the commercial traders are so short gold, silver AND copper. It makes me wonder if these short positions are not more or less permanent hedges against some other class of assets. Any idea of the change in the net-short levels over the past month or two?