commercials last August

    SPX Commercials

    Posted by sschulman on 3rd of Jun 2012 at 02:49 pm

    Rbreese, August 2011 had quite a range. Do you mean that the Commercials position now looks like early August 2011? or at the low??

    .....Susan

    Last August 23rd the Commercials

    Posted by rbreese on 4th of Jun 2012 at 12:45 am

    Last August 23rd the Commercials we beginning a large increase over next 4 weeks which is what MAY be starting to happen during last 2 weeks.We will have to see if they continue to build a BIG net long as we plummet lower. 

    the Commercials

    Posted by sschulman on 4th of Jun 2012 at 01:12 am

    Ohh, ok, thank you Rbreese.  I'm looking at a daily chart from last summer. So you say they started accumulating at the lows in August/11 (That was around spx 1120). And they continued to accumulate for another 4 weeks (That was while the market churned).

    It didn't go much lower but it did churn. Then the market took off. Maybe it won't plummet much lower this time either. You say they've been accumulating this time for 2 weeks already.

    .....Susan

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