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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (23655)3/13/2005 9:13:04 PM
From: blind-geezer  Read Replies (1) | Respond to of 60914
 
Message 21127259

if the commercial don't stop shorting the future very soon, I think the rally might not go very far ...
they increase shorting on the average almost 20K contracts per week for the last 4 weeks ... NOT very good if it continues
100 to 120K shorts --- cautious
180 to 200K shorts --- get the hell out ...
I am stayiong in for the time being, but getting more nervous ...

it will not surprise me that in a couple of weeks, the energy, the miners, the Nasdaq, the Dow --- everything is going to come down ...