Understanding the "Commitment of Traders" Report at the CFTC

[gunDriller]

http://www.cftc.gov/files/dea/cotarchives/2010/options/other_lof050410.htm

If you go to the CFTC website, they have a section that has a whole bunch of current & historical information that summarizes short & long positions on various metals.

It's a big table with titles like,
"Disaggregated Commitments of Traders - Options and Futures Combined, May 4, 2010"
"Percent of Open Interest Represented by Each Category of Trader"

It has sections for silver, gold, palladium, platinum and also copper, sulfur, and carbon.

I will try & paste the silver section below ... it looks like the formatting will be jumbled a little.

Please, can someone explain this ?


SILVER - COMMODITY EXCHANGE INC. Code-084691
Disaggregated Commitments of Traders - Options and Futures Combined, May 4, 2010
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: : Reportable Positions : Nonreportable
: : Producer/Merchant/ : : : : Positions
: Open : Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Interest : Long : Short : Long : Short :Spreading : Long : Short :Spreading : Long : Short :Spreading : Long : Short
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: :(CONTRACTS OF 5,000 TROY OUNCES) :
: : Positions :
All : 149,145: 9,768 67,763 21,338 21,099 5,829 37,059 5,932 13,033 11,163 2,513 20,893: 30,062 12,082
Old : 149,145: 9,768 67,763 21,338 21,099 5,829 37,059 5,932 13,033 11,163 2,513 20,893: 30,062 12,082
Other: 0: 0 0 0 0 0 0 0 0 0 0 0: 0 0
: : :
: : Changes in Commitments from: April 27, 2010 :
: 472: -364 971 2,786 226 12 -1,220 929 -412 455 212 -692: -93 -775
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 6.5 45.4 14.3 14.1 3.9 24.8 4.0 8.7 7.5 1.7 14.0: 20.2 8.1
Old : 100.0: 6.5 45.4 14.3 14.1 3.9 24.8 4.0 8.7 7.5 1.7 14.0: 20.2 8.1
Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0
: : :
: : Number of Traders in Each Category :
All : 167: 16 24 16 10 20 39 15 13 32 23 36:
Old : 167: 16 24 16 10 20 39 15 13 32 23 36:
Other: 0: 0 0 0 0 0 0 0 0 0 0 0:
:-------------------------------------------------------------------------------------------------------------------------------------------------------
: Percent of Open Interest Held by the Indicated Number of the Largest Traders
: By Gross Position By Net Position
: 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
: Long: Short Long Short: Long Short Long Short
:----------------------------------------------------------------------------------------------------
All : 16.0 41.4 25.4 54.8 10.9 36.9 19.1 47.3
Old : 16.0 41.4 25.4 54.8 10.9 36.9 19.1 47.3
Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

[MAGNES]

I thought I posted to this ? What's up ?

Your information and link above is not that great
compared to these links and charts, this is what
you should be looking at.

http://www.cotpricecharts.com/commitmentscurrent/

SI , GC , save the charts, I do, and compare, to Price

Watch gold and silver, gold is key. Silver follows.

COT analysis is key, the entire rigging operation
is in the charts, I spoke about the TOCOM in a post,
I think I spoke to your questions gundriller, have
a look at all my recent posts on this and this
section. Then ask me questions. I give references
too. These are not my opinions but of experts.

People can throw a fit if they want but gim disgusted
me in the end when I would open good threads with
this analysis and for a gold and silver site most were
clueless, the old gim where I learned was not clueless.
If people do not understand basic COT analysis they
cannot claim to know the markets. And it is easy to
understand, think Ted Butler, shorts, etc, and compare
prices to COT, seasonals, technicals at times, right now
it is showing a top in all. ;D Hopefully again stars line
up at bottom as other 3 years, right now I am looking
at going short again, safe one this time, small position,
at the money puts going out to August expirey.

[gunDriller]

http://www.cotpricecharts.com/commitmentscurrent/



i appreciate the coaching !


when i click on that cotpricecharts link, Tuesday June 8, it brings up a spyware/spam/ad webpage - popups, etc.

i'm using Firefox 3.0.13.

[MAGNES]

My comments are all over the place but gave a good overview
more than once.

There is no spyware or scripts, etc, it is basic charts.
I have no script running and it reports nothing.

You need to look at charts, plot price on there.

Look at past charts, I have em on hard drive,
I look at them all the time.

http://snalaska.net/cot/current/charts/SI.png

http://snalaska.net/cot/current/charts/GC.png

--------------------------------------------

Sign up to LeMetro and do some searches,
free 2 weeks, I don't bother anymore, I paid $200 in
2006 cause they saved my bacon and made
me money, same thing with Adam Hamilton
at Zeal, crash course on gold and strategies,
that was 2006. Search Sinclairs site too
on Norcini posts , COT analysis. You need to
see an old thread full of everything, charts , links,
references, real time analysis, reasoning is the
same, doesn't change, look what happened when
they nailed SI down to 1450 recently, they cannot close
out without dropping price, you can see the capping
on key lines and prices, again watching gold is key,
I can't rebuild old thread again, too much work,
I will put it up if someone can help me technically.
We are at seasonal highs, COT highs, tech highs,
the stars have lined up. 1 2 3 .

COT analysis is key, they cover it well, search it.
http://www.lemetropolecafe.com/

I will put up old COT charts for people.
2006 2007 2008 2009

Save them, print them and plot price on them.
Compare to similar timeframes, prices etc .

I gave good links to charts on other thread.
Save links and charts.