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Old 08-27-2007, 12:46 AM
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Re: CFTC Reports of Commitment of Futures Traders

I have learned over the years to remain flexible. I find it helps to think about reasons why the market can go up or down to keep you as objective as possible. It is so easy to get overly bullish or bearish based on recent action. This data has been consistently 'crowded short' lately -- it does not mean the market can't go down. It just seems like I know a lot of bears right now... and I am trying not to be too bearish --- trying to remain open to whatever pattern presents itself next. looking at data such as this helps that.

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