gxy still shorted, page-10

Directly from the now famous "Turtle Traders" handbook from 20 years ago, legendary commodities trader Richard Dennis and his partner Bill Eckhardt noted in their extensive research corelating to traders Pyschology...it was noted 85% of traders went long in the top 15% of the trading range....conjunctively 85% of traders went short in the bottom 15% of the trading range...
Looking at the no of shorts in any commodity or equity is hence an unreliable indicator...period

As noted in my previous post in relation to LYC it was heavily shorted in the bottom 10% of its trading range...
GXY IMO is the next cab off the rank...please reread my previous post...

[I appologise to any poster here, if I got a little hot under the collar...my language was a bit harsh...
instead of "...regurgitating the same misleading nonsense"
it should have said,
"...regurgitating the same misleading DISCUSSION"]

I hence wish a balanced discussion here and all GXY traders good luck....