Posted 4/30/2015 09:56 (#4545285 - in reply to #4545270) Subject: RE: Fund Chart
Buxton ND
Rich they were actually much more long in late January 2011 when their all time record net long were 498k.
2012's drought their "peak" was 369k net long and here to a very good $1.50 of 2012's rally was nothing but short covering.
The money was "We're Leaving" LONG BEFORE 2012's drought hit.
IMO the commodity super cycle changed BEFORE the drought.
Fund Chart
