*SCALPSWINGSTRADDLE*

[~6979~]

If you are thinking about being short this market next week...there's something that you should know...There was a huge move in the COT reports this week...The NET Buying Positions had a huge jump up in the S&P500 Futures only contracts...

I am going to explain what actually happened...then you can contemplate this and make your own conclusions...

This past week, Big Leveraged Funds (Hedge Funds) covered massive amounts of short positions...Usually, these are the very astute traders (smart money)...For them to cover that big of a short position tells me only one thing...They were extremely scared of those positions... ...This also tells me that the markets will continue to rise, and quite possibly rise very high in a very short time period... ...something big is about to happen, and it is most likely bullish... ...maybe they know of a potential announcement of a QE3 or something...who know's...that's just speculation...But I come here today with Facts!!!

See for yourself...(pay particular close attention to the Leveraged funds Sort positions last week compared to this week)
Notice also that the Open Interest went way down (OI)...It was Commercial Market Makers that soaked these covered short positions up...

{from my personal Excel workbook...up-to-date-going back 5 years}



If you dont trust my #'s, then you can go Here and get your own:
LINK: US Commodity Futures Trading Commission

This post should be a sticky...because it is the real deal...