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To: Lee Lichterman III who wrote (70022)3/31/2003 7:23:08 AM
From: AllansAlias  Respond to of 209892
 
Thanks for the links Lee. Sure was a massive jump to the short side on the mini contracts. I see no signal out of the data that a trader could use just now. Maybe the signal "be cautious on the short side" is about the only one.

Even so, the Commercials, the supposed smart money, has been caught with their drawers down a couple of times.

Regardless, one can use this COT data and be right, but still get whacked out of the game. All it takes is a good strong week and a regular guy is stopped out, even though his call may in the end be right.

Cheers