Vestor_2000, COT ref short form NASDAQ-100 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE long 34,188......short 52,786 the report tells me commercial is heavily shorting the Q's, they are also shorting S&P & DJI but long on Russell <A HREF="http://www.cftc.gov/dea/options/deacmesof.htm" target="_blank">http://www.cftc.gov/dea/options/deacmesof.htm</A> <A HREF="http://www.cftc.gov/cftc/cftccotreports.htm" target="_blank">http://www.cftc.gov/cftc/cftccotreports.htm</A>