COT is again showing the same sentiment which I commented on for a few weeks. Whether the sentiment is correctly representing the actual sentiment is uncertain.
Usually, commercial is trading against the crowd. I hope that it is not the case.
Posted by: __1Best__ Date: Saturday, February 21, 2009 9:42:20 AM
COT is showing Small and large speculator sentiment is showing high bullish sentiment reading in a year. This happened when the Bush bailout trap sell-off in Sept/Oct 2008.
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