Friday, June 8, 2007

COT report for June 8

The Commercials are still long. Which of course means the recent sell off was probably just a wave of profit taking. Remember panic always creates opportunities. There were some interesting developments in this weeks report and I will be covering them in the market summary for subscribers later this evening. I'll also have a few thoughts on how to spot bottoms. Anyone wishing to recieve the COT spreadsheets or become a subscriber just e-mail me a request. The address is on the lower right hand side of the home page.