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


To: isopatch who wrote (27707)2/7/2003 3:58:42 PM
From: Bert  Read Replies (1) | Respond to of 36161
 
Judging from the charts/indicators/moneyflow, the shorts will be covering at much lower prices...nice HUI close eh?

Bert



To: isopatch who wrote (27707)2/7/2003 4:42:07 PM
From: jimsioi  Respond to of 36161
 
ISO, COTS "off the charts."

How short can they go....off Sharelynx's charts in the case of Gold.

See the COTs charted below, realizing that at the time of this posting the charts are not updated with this week's data...

Gold - as of this week Commercials are 127,000 contracts SHORT.
sharelynx.net
(Small spec long to short ratio in Gold stood at 4.59::1, about 10% shy of the extreme set in June at the top)

Silver - Commercials' update short position is 71,000 contracts.
sharelynx.net