Ever wonder what the smart money is doing in the markets? You don’t need to pay big bucks to find out. Just read the Commodity Futures Trading Commission’s free weekly Commitments of Traders report. The CFTC’s COT data is a Holy Grail of market info, listing trillions of dollars in positions in 200+ markets – gold, crude oil, natural gas, silver, forex, equity indexes and lots more. My trading system, which I posted about here for seven years, gave weekly trading signals based on the COT data.
Monday, 5 May 2008
Filled!
Just updated my portfolio page with trades from this morning's open. I sold my gold, silver, Russell 2000 and financials positions and picked up 200-percent leveraged ETFs to go long the NASDAQ 100 and short the banks. Good luck this week!
No comments:
Post a Comment