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THE CONSENSUS® REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION

Derived from the Bi-Weekly Report Published by the Commodity Futures Trading Commission*

Showing Percentage Each Group Comprises of Each Market and Percentage of Each Group in Long Positions

Reportable Positions
Exchange & Commodity Non Comm. Long or Short Only Non Comm. Long or Short (Spreading) Comm.** Long or Short Only Total
Reportable
Positions
Non
Reportable
Positions***
Reporting
Level
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Natural Gas (KCBT) 100 contracts 0-- 0 50 40.4 62.2 40.4 62.2 59.6 41.7
Last Reporting Period 0-- 0 50 39.4 48.6 39.4 48.6 60.6 50.9
Copper No. 1 (COMEX) 100 contracts 15.2 85.2 1.89 50 47.7 26.8 64.8 41.2 35.2 66.3
Last Reporting Period 12.278.70.37 50 48.7 33.1 61.3 42.3 38.7 62.1
Gold (CEI) 200 contracts 17.1 15 7.57 50 52.7 60.5 77.4 49.4 22.6 52.1
Last Reporting Period 17.116.47.25 50 53.4 59.8 77.8 49.3 22.2 52.4
Silver (CEI) 150 contracts 20.8 50.2 10.3 50 42.2 35.8 73.3 41.9 26.7 72.3
Last Reporting Period 18.649.59.16 50 45.8 38.4 73.6 42.6 26.4 70.5
Platinum (NYME) 50 contracts 16.6 75.8 2.67 50 61.1 34.8 80.4 43.8 19.6 75.5
Last Reporting Period 16.176.31.86 50 61.2 35 79.2 43.8 20.8 73.6
Palladium (NYME) 25 contracts 16.7 97.4 0.31 50 72.2 35.3 89.3 47 10.7 74.7
Last Reporting Period 14.31000.76 50 74.5 37.1 89.6 47.3 10.4 73.7
Heating Oil No. 2 (NYMEX)250 contracts 2.75 51.5 4.23 50 61.6 47.8 68.6 48 31.4 54.3
Last Reporting Period 3.36392.52 50 61.7 49.4 67.6 48.9 32.4 52.3
Natural Gas (NYME) 100 contracts 5.9 86 3.54 50 70.4 44.9 79.8 48.1 20.2 57.4
Last Reporting Period 5.5779.93.52 50 70.6 44.9 79.7 47.5 20.3 59.7
Crude Oil L/S (NYMEX) 300 contracts 5.69 38.2 7.66 50 63.9 51.7 77.2 50.6 22.8 48.1
Last Reporting Period 5.3131.97.74 50 65 52.1 78 50.5 22 48.1
Unleaded Gas (NYMEX) 150 contracts 4.74 78.3 2.65 50 73.4 45.2 80.8 47.3 19.2 61.4
Last Reporting Period-- 64.32.46 50 68.6 46.3 -- -- -- --

*Reporting positions as of May 6, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on May 9, 1997.


Consensus National Futures and Financial On Line Index
Livestock Index

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