BHP 0.50% $41.06 bhp group limited

2 interesting graphs - you wouldn't be dead for quids...

  1. 1,432 Posts.
    lightbulb Created with Sketch. 18
    2 interesting graphs - you wouldn't be dead for quids wouldya...

    :)

    The latest COT report (November 18) is also interesting, showing the big commercial players have about as much of a clue about the future of the financial markets as we do! As they are regression to the mean investors, and I want to be on the same side of the trade that they're on, I called and played the bounce on Thursday (actually started playing it on Wednesday). They were absolutely going to go long after the DOW and SPI drops...regressing to the mean is their game after all...

    The COT shows the big boys are mainly undecided - longs and shorts being roughly even. HOWEVER they are LONG on the DJIA, lightly long on the Aussie $ but evenish on the GSCI commodity index and on Copper. They are slightly short on the S&P 500 which is may be a sign that they are a bit tentative?

    A short rally perhaps?

    Be interesting to see your graph next weekend Lapdog

    :)











 
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