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Speculators cut net long positions in commodity contacts by 9.2% last week, according to CFTC...

Speculators cut net long positions in commodity contacts by 9.2% last week, according to CFTC data. At 406K contracts, it's the lowest net long position since the epic March 2009 bottom. Not surprisingly, the positioning is following the trend in commodity prices, which have tumbled over the past few weeks. Goldman last week: Buy the dip. DBC thus far this year.
Comments (3)
  • Selling low?
    11 Mar 2013, 03:39 PM Reply Like
  • DBC longer term: http://bit.ly/YnWSJU
    11 Mar 2013, 03:41 PM Reply Like
  • DBC vs SPX http://bit.ly/YTZXom
    11 Mar 2013, 03:45 PM Reply Like
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