|
PureBytes Links
Trading Reference Links
|
I think it depends partly on the market.
We always felt that in energy, large commercial long positions were
associated with commercials having hedged away large physical short
positions - which does not suggest bullishness, if commercials have a good
call on the underlying physical market (which ought to be true).
In a financial market, this relationship would probably not hold.
Rus Newton
-----Original Message-----
From: gil ward [mailto:gw1933@xxxxxxxxxxx]
Sent: 08 May 1999 22:28
To: omega-list@xxxxxxxxxx
Cc: List Omega
Subject: Re: COT
when the commercials are heavy on long side, does that usually mean a
rally could be in waiting? Opposite for heavy in shorts.??????????????
Gil
|