Similarly on silver, the COT chart below shows the commercials are quite heavily short, while the small speculators are on the long side of the trade. Sometimes the commercials get it wrong, but that isn't normally the way to bet.
Kim Rice 12/16/12
Sunday, December 16, 2012
Commitment of Traders - E-mini S&P and Silver
The latest COT data shows the commercial traders (presumed to be smart money) have the largest short position in over a year on the E-mini S&P. If you are bullish on stocks, you must know something the commercials don't.
Similarly on silver, the COT chart below shows the commercials are quite heavily short, while the small speculators are on the long side of the trade. Sometimes the commercials get it wrong, but that isn't normally the way to bet.
Kim Rice 12/16/12
Similarly on silver, the COT chart below shows the commercials are quite heavily short, while the small speculators are on the long side of the trade. Sometimes the commercials get it wrong, but that isn't normally the way to bet.
Kim Rice 12/16/12
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