saifl

Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak

Fair enough reinko..go verify
www.cftc.gov/dea/futur...

As for elemenary math I thought you were smart enough to subtract the long from the short i.e 203,000 from 191000. I am sorry ..lets go over it again as to what net long means
It means the difference between the long and short.

and here..for August 2007
www.cftc.gov/files/dea...

CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE Code-067651
FUTURES ONLY POSITIONS AS OF 08/07/07 |
----------------------... NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
----------------------...
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
----------------------...
(CONTRACTS OF 1,000 BARRELS) OPEN INTEREST: 1,504,817
COMMITMENTS
230,904 124,646 288,467 900,395 1017930 1419766 1431043 85,051 73,774

CHANGES FROM 07/31/07 (CHANGE IN OPEN INTEREST: -16,420)
-33,491 -12,258 8,230 -412 -2,565 -25,673 -6,593 9,253 -9,827

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
15.3 8.3 19.2 59.8 67.6 94.3 95.1 5.7 4.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 318)
99 93 130 82 99 263 262