Posted 10/5/2007 06:46 (#214667 - in reply to #214596) Subject: Re: COT Data worth a darn anymore????
I monitor the data, but these big traders can turn on a dime so I don't give it much value unless I see a market....near the low prices of the recent several months and notice the small traders are big net shorts, or if near the highs and notice the small traders are big longs...otherwise I don't believe the data is of much value.