Monday, November 26, 2007

CFTC Delayed Release of COT Report

US Commodity Futures Trading Commission usually releases COT report every Friday at 3:30 PM. But last Friday was a holiday, so the releasing has been delayed till Monday the 26th.

cot-schedule.GIF

The major indices chopped higher in a narrow range day to end the holiday-shortened week. This quiet action should give way to a major move, higher or lower, by the middle of this week.

After market close on Monday, we should check on the government COT report to peek into the trading actions of big institutions, looking for clues of future market direction.

At the present time, the market seems over-sold, both commercial traders and small individual investors think the market is due for a bounce. We will see if market can hold the gain or not.

Other website development:

I have installed a software piece for "Gravatar" - Global Avatar! Avatar refers to a profile picture a visitor can use when he/she leaves a comment on a post.

What is an Avatar?

A computer avatar is a personalized graphic file or rendering that represents a computer user. There are basically two types of avatars: those used at websites, such as on Web exchange boards, and those used in gaming and virtual worlds.

The simplest type of avatar is a small graphics file used on websites. Websites that offer chat boards often allow members to upload an avatar to represent themselves. The avatar can be a real-life digital photo of the person using it, but is more often an image intended to be a creative alter ego. This might be a game-rendered snapshot of a beast, hero, or heroine; a humorous picture of a pet or cartoonish character; or a design that makes a statement. The avatar appears alongside the user’s comments, easily identifying the author for others at a glance.

You can go to www.kaneva.com to experience the virtual reality, or go to http://www.findavatar.info/ to pick up an Avatar you would like. To create a GLOBAL AVATOR, which means that you can go anywhere and leave your comments with one digital image you prefer, please go to http://site.gravatar.com/signup to create an account by using your email. Remember, Avatar is free and fun, you create one to satisfy your own ego, my responsibility is to make sure it will work on my site. We don't maintain your Avatar in anyway. On the other hand, an Avatar is not required to leave comments on my site.

I encourage all of you to give it a try and leave your comments on this board. To give you an example, I and a new friend "deep blue" a couple of comments on the last post http://marketswimmer.com/?p=147. Please take a look. If you have any problems, please let me know.

Have a terrific holiday season,

Market Swimmer

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