Monday, 17 September 2007

Oops: Scratch That Energy Bullish Signal

I was just going over my crude COTs data again and noticed I had made a downloading error for my data for the crude traders in the last report. There's no new signal for Oil Services Holders (OIH) and Canadian Energy iUnits (XEG) after all.

The mistake came from accidentally downloading into my spreadsheet the COTs data for West Texas intermediate crude instead of light sweet crude. Not the same thing at all.

My sincerest apologies to all readers. Fortunately, the signal wasn't for execution until three weeks from now, but it's still terribly embarrassing. I've just gone through all my other downloads to confirm they're all accurate, and they are. I've corrected previous posts on this subject below.

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