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To: The Freep who wrote (69927)3/28/2003 4:32:16 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I really have very little faith in the usefulness of the COT for the minis. You're getting a snapshot of daytraders there at the Tuesday close and its very hard to gauge a trend in positions as they can do a complete reversal from week to week.

The COT on the large SPX contract has more of a trending nature and historically has had way better predictive qualities as to the larger trend at hand.

All IMO.

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