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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (20631)	1/28/2005 6:56:28 PM
From: basserdan	Respond to of 108726

COTS Open interest in gold continues to fall...Commercials covering slightly more than liquidating longs....Small specs getting to the point of only being 2 to 1 long and doing more new selling than new buying in the last week. Hi Jims, Those numbers, as you know, are as of Tuesday's cob. Fwiw, the COMEX Gold Futures OI dropped 10,909 contracts on Wednesday and and fell another 4607 contracts yesterday to now total 257,904..... Today's numbers will be out Monday. Another 30 contracts and I'm going to find myself getting real bullish on the PoG. The miners, however, seem to be another matter entirely.... Enjoy the weekend. freebuck.com