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chainik

01/13/06 3:48 PM

#69643 RE: Justa Werkenstiff #69637

Interesting and unexpected (at least for me) COT:

Commercials are longer major indexes by about 6 B, despite big rise of SP and NDX.

They are also longer gold by 7 K contracts, despite $10 rise in POG.

IMO, this is all bullish - for gold and for the general market.

I've covered SMH short.