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To: MythMan who wrote (383410)4/1/2009 8:28:37 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 436258
 
Are those numbers credible?



To: MythMan who wrote (383410)4/1/2009 8:37:45 PM
From: Trumptown  Respond to of 436258
 
thanks...

<<This week's Commitment of Traders Report shows the Professionals have gone Short again - to levels not seen since March 2002.>>

hmmm...well they did pretty good for almost a year after March 2002...



To: MythMan who wrote (383410)4/1/2009 8:47:25 PM
From: Trumptown  Read Replies (2) | Respond to of 436258
 
this pretty much sums it up...

<<Market commentators appear to be universally bullish and convinced the bottom is in. I don't know whether that is the case - but the market tends to do the opposite of what everyone thinks. Only time will tell whether this week's Commitment of Traders data was significant and insightful>>


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