COT Report

According to the government sources, the commercials changed their net future positions of various indexes as the following:

Index	Trader Group	11/9/2007	11/16/2007	Difference
Dow	Commercials	-1093	-69	1024
Nasdaq	Commercials	6050	10273	4223
S&P 500	Commercials	46398	45139	-1259
Russ	Commercials	4754	4776	22
VIX	Commercials	119	4177	4058

They increased their long positions in NASD slightly, but they were big buyers of VIX index, expecting volatility to increase.

Last week's volatile action is giving a marginally better look to the index charts as we head toward the Thanksgiving holiday but there are still no bottoming signals in place.

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