3-Nov

A view of the stock market from the COT angle

'Commitments of Traders' is a method of market analysis well known to futures traders, less so to stock traders. It is based on comparing positions of three groups of traders - hedgers, large speculators and small speculators. The person widely considered to be the most serious COT analyst is Steve Briese. After seeing his comments tonight, I asked him for a permission to quote them in full in SpikeTrdae, and he graciously agreed. Please read them below. To find out more about Briese and his work, please visit www.BullishReview.com

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