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

To: Crimson Ghost who wrote (25305)	1/10/2003 4:46:16 PM
From: jimsioi	Read Replies (2) \| Respond to of 36161

COTS, & Gold shares' rise, welcome, indeed. Mainliners and the US exchange graduated juniors, who aren't so junior anymore or not junior enough, I guess, rose. Good way to finish the week. HUI - PPO still falling but the Fast Stos have turned up at the 50 line and the DMI which was pinching is beginning to repulse.....amazing what a weaker dollar can do. stockcharts.com[h,a]dbcaynay[d20020410,20030110][pc20!c50!f][iut!Le12,26,9!Lp14,3,3!Ll14!Lb14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G COTs show the commercials really stepping in the defend Silver from rising....8500 contracts added net short..up to 64K - 67% of the open interest represented by their net short position. cftc.gov In Gold only a 5000 increase in the net short position to 109K....Commercial net short position is 50% of the total open interest.....Public specs are not much more than 3::1 long....in the June period I think it was they got up to 5::1 short.... Silver COTs are at the point (60K+ net short) that has turned the metal back in the past.....but that may be interesting history and little help with direction.....