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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (20878)10/29/2002 12:41:21 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Keep one eye on the $

quotes.ino.com

Just keeps breaking down.

Commercials recently went net short clown paper for the 1st time in a LONG time. But as usual they moved out of their net long position over many weeks to avoid setting off any bells and whistles.

orc.ca

Or, if you prefer the graphic:

marketpit.com

Note how the sideways action in the $ price chart contrasts with the steady net liquidation of long holdings by the commercials as they hand the BAG to the specs<G>

BTW, welcome to the thread Dave.

Cheers,

Isopatch