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Old 05-10-2007, 08:31 AM
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Re: Basics of Volume and Open Interest

Open interest and the CTFC reports are definitely helpful in understanding the market but only as a background to price and volume analysis I find. Open interest can decline for a long time before price starts to reverse and speculative positions can be at extreme levels for a long time before a reversal. Unless you only trade the weekly charts it's difficult to actually use these in your trading.

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