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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (249)5/21/1999 6:43:00 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 1612
 
This look a lot better.

investor1.com

As of May 18, 1999, released at 3:30 p.m. on May 21, 1999, the commitments for COMEX gold futures show
commercial insiders long 134,284, short 55,652; speculators long 8,173, short 88,719. Small traders were long 33,475,
short 31,561. The average historic ratio for commercials is 2:3 long to short; for speculators, 2:1 long to short. Commercials
were thus net long 78,632 while speculators were net short 80,546. This is not as extreme as April's all-time record,
but represents a very sharp improvement from just two weeks earlier, and is unusually lopsided. In addition, open
interest totals strongly suggest that commercials have increased their net long position since the numbers were
tabulated on May 18. This indicator has been raised to EXTREMELY BULLISH.