Markets have the complete statistics of the market participants' hand, so again, markets trade against the crowd. It is a waste of time, energy, resource, and money to show hands since the valuable resource is only used and abused in totality.
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COT is again showing the same sentiment which I commented on for a few weeks. Whether the sentiment is correctly representing the actual sentiment is uncertain.
Usually, commercial is trading against the crowd. I hope that it is not the case.
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COT is showing Small and large speculator sentiment is showing high bullish sentiment reading in a year. This happened when the Bush bailout trap sell-off in Sept/Oct 2008.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35774482
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