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  • Options Trader: Wednesday Outlook [View article]
    CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE Code-067651
    FUTURES ONLY POSITIONS AS OF 06/17/08 |
    ----------------------... NONREPORTABLE
    NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
    ----------------------...
    LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
    ----------------------...
    (CONTRACTS OF 1,000 BARRELS) OPEN INTEREST: 1,335,207
    COMMITMENTS
    203,806 191,094 219,645 825,031 823,129 1248482 1233868 86,725 101,339

    CHANGES FROM 06/10/08 (CHANGE IN OPEN INTEREST: -83,542)
    -14,678 -2,144 -25,976 -57,714 -73,551 -98,368 -101,671 14,826 18,129

    PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.3 14.3 16.5 61.8 61.6 93.5 92.4 6.5 7.6

    NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 320)
    85 121 126 85 100 256 270

    Hey jjason moron read above. from CFTC. Yeah speculators are long a whopping 12,000 contracts. You know how many they were long when oil was at $78 last august? 110,000 contracts. So the price went up 80% and the number of net long contracts fell by 90%. How my ***you are a genius...There is a positive correaltion. Lets stop the presses. Jmoron with Phil Moron has discovered the damn truth.
    Jun 22 02:34 am |Rating: 0 0
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