S&P COT results...

commercial long: 405,273
commercial short: 413,351
net short: 8,078
% long: 50%

All COT strategies remain short.

Larry

It looks like the commercials slammed back down on the metal shorts this week Wasn't it Tuesday when gold took a big hit? However they did reduced their short position down to -8000 on oil. Other than the big hit on Exxon at the close on Friday the oil stocks look pretty good despite declining oil prices. Maybe the big boys know something about the oil supply we don't

Hey Joe,
How did you like the way I manipulated the markets lower the last 2 days...

Gary

Now we know that Gary's more powerful than Greenspan! Wish I knew how to make a smiley face.
h

gary - i wish you'd let us know BEFORE you rattle the entire US economy. it's only polite!

howard, type colon : then a right paren ) next to each other... like this

-ja

p.s. van tharp seems to agree that we are in a bear market AND we are now in "red light" mode. time to move up the stop/loss orders on my longs!

Joe,
I'd like to let everyone know before I make my move but it would just take away all the exitement. I don't think I can be responsible for depriving everyone of that. But you can rest assured that when I do influence the markets it will be at a "measured pace".

Gary

Howard, did you ever consider the fact that Gary is never present when Greenspan is making an appearance?

They use the same terminology.

Their names both begin with a "G".

They both move the market.

Hmmm.

arrgh! My secret is out.

Garyspan