Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (26961)	11/8/2003 9:56:59 AM
From: russwinter	Respond to of 206085

COT numbers on NG have suddenly popped very bullish as commercials have piled up long positions (with options)of 25,359 contracts versus 804 two weeks ago. They have only once been above 25,000 long in the last decade, so this seems significant. Their big short position in oil has largely been covered (-50,245 to -7707), so crude at least looks neutral. I've noticed (in my experience) commercial trading in the energy complex to be about the most savvy of all, with short lead times to rallies (or drops). commitmentsoftraders.com