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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*
*Reporting positions as of November 4, 1997.
*Released from Commodity Futures Trading Commission on November 7, 1997.

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

Grains & Oilseeds | Metals & Petroleum | Financial | Food & Fiber | Livestock

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
T-Bonds (CBOT)
500 contracts
9.98
56.7
7.55
50
66.6
47.7
84.1
49
15.9
55.5
Last Reporting Period
10.7
57.2
7.22
50
68
48.6
85.8
49.8
14.2
51.5
T-Bonds (MACE)
500 contracts
25.7
37.9
0
50
6.1
54.6
31.8
41.1
68.2
54.2
Last Reporting Period
37.5
27.3
0
50
8.55
100
46
40.8
54
57.8
90-Day T-Bills (IMM)
150 contracts
7.1
83.6
20.7
50
42.8
28.1
70.6
40.1
29.4
73.7
Last Reporting Period
6.36
78.9
27.7
50
31.3
17.8
65.3
37.4
34.7
73.7
6.5-10 Yr. T-Notes (CBOT)
500 contracts
9.25
63.9
3.27
50
71.1
48.1
83.6
50
16.4
50.2
Last Reporting Period
9.39
69
2.21
50
73.2
48.1
84.8
50.5
15.2
47.4
5-Yr. T-Notes (CBOT)
300 contracts
16.3
66.3
0.96
50
69.5
47.2
86.8
50.8
13.2
44.7
Last Reporting Period
17.8
60.4
0.54
50
69
48.6
87.4
51
12.6
42.9
2-Yr. T-Notes (CBOT)
200 contracts
2.1
31.3
0.08
50
79.5
52.8
81.7
52.2
18.3
40.1
Last Reporting Period
4.09
26.2
0.08
50
80.5
53.9
84.7
52.6
15.3
35.7
Eurodollars (IMM)
850 contracts
5.99
64.3
6.89
50
59.4
51.5
72.3
52.4
27.7
43.7
Last Reporting Period
5.52
57
8.57
50
60.4
53.3
74.5
53.2
25.5
40.6
1-Mo. Libor Rate (IMM)
100 contracts
2.86
18.3
1.03
50
88.5
50.5
92.4
49.5
7.57
56.1
Last Reporting Period
6.6
36.5
0.98
50
86.9
50.9
94.5
49.9
5.52
52.3
Municipal Bonds (CBOT)
25 contracts
6.34
77.1
0
50
85.5
47.8
91.8
49.8
8.18
52.3
Last Reporting Period
4.9
85.7
0
50
87.3
48.6
92.2
50.6
7.76
42.9
30-Day Fed Funds (CBOT)
100 contracts
9.29
41.2
6.89
50
68.3
52.3
84.4
50.9
15.6
45.4
Last Reporting Period
9.78
28.8
2.76
50
77.3
53.1
89.8
50.3
10.2
47.1
Canadian Dollar (IMM)
200 contracts
23
12.6
1.49
50
50.2
61.7
74.7
46.3
25.3
60.9
Last Reporting Period
18.5
30.1
0.77
50
49.6
42.9
68.9
39.5
31.1
73.2
Swiss Franc (IMM)
200 contracts
16.9
86.1
2.38
50
50.9
32.9
70.1
46.3
29.9
58.7
Last Reporting Period
17.6
55.3
2.22
50
43.1
57.7
62.8
56.7
37.2
38.6
Deutschemark (IMM)
200 contracts
17.7
68.7
1.54
50
51.7
37.3
70.9
45.4
29.1
61.2
Last Reporting Period
16
46.7
1.54
50
47.3
53.8
64.9
52
35.1
46.4
Pound Sterling (IMM)
200 contracts
22.4
93.3
0
50
49.9
18.6
72.4
41.8
27.6
71.6
Last Reporting Period
10.6
49.3
0
50
53.6
37.6
64.2
39.5
35.8
68.9
Japanese Yen (IMM)
200 contracts
18.7
24.4
0
50
66.1
60.8
84.9
52.8
15.1
34.4
Last Reporting Period
23.2
36.7
0.72
50
56.9
58.2
80.8
51.9
19.2
42
Australian Dollar (IMM)
200 contracts
21
0
0
50
57.7
78.6
78.8
57.6
21.2
21.8
Last Reporting Period
19.4
3.7
0
50
59.4
68.6
78.8
52.6
21.2
40.2
Mexican Peso (IMM)
200 contracts
8.82
61.3
10.7
50
53.5
49.5
73.1
51
26.9
47.2
Last Reporting Period
12.4
84
10.7
50
53.6
37.5
76.6
46.8
23.4
60.6
30-Day Fed Funds (IMM)
100 contracts
6.76
0
0
50
87.3
55.1
94.1
51.2
5.91
31.4
Last Reporting Period
6.76
0
0
50
87.3
55.1
94.1
51.2
5.91
31.4
S&P 400 (IMM)
25 contracts
4.13
45.6
0
50
92.2
49.5
96.3
49.4
3.66
67.1
Last Reporting Period
6.66
59.6
0
50
88.7
48.2
95.3
49
4.67
71.3
S&P 500 (IMM)
300 contracts
6.77
25.7
0.22
50
68.2
51.4
75.2
49
24.8
52.9
Last Reporting Period
5.81
36.5
0.35
50
71.8
49.5
77.9
48.5
22.1
55.3
Value Line Avg. (KCBT)
50 contracts
––
––
––
50
––
––
––
––
––
––
Last Reporting Period
––
––
––
50
––
––
––
––
––
––
Mini Value Line Avg. (KCBT)
50 contracts
16.9
21
0
50
46.6
61.9
63.5
51
36.5
48.3
Last Reporting Period
8.26
48.7
0
50
54.6
47.3
62.9
47.5
37.1
54.2
GSCI (IMM)
25 contracts
6.27
57.3
0.97
50
90.5
48.4
97.7
49
2.3
93.2
Last Reporting Period
6.27
62.3
0.21
50
91.2
48.1
97.7
49
2.27
92
Nikkei Stock Avg. (IMM)
50 contracts
21.2
58.3
0.08
50
60.6
42
81.9
46.2
18.1
67
Last Reporting Period
20.7
60.3
0
50
62.5
42.8
83.3
47.1
16.7
64.2
Russel 2000 Index (CME)
25 contracts
12.6
63.5
0.31
50
81.6
46.6
94.5
48.8
5.45
70.3
Last Reporting Period
11.7
68.4
0
50
82.2
45.1
93.9
48
6.11
80.5
Yen/DM XRate (NYCE)
25 contracts
32.1
89.3
0
50
58
22
90.1
46
9.88
86.6
Last Reporting Period
33.3
72
0
50
52.6
31.4
85.9
47.1
14.1
67.5
French Franc/DM XRate (NYCE)
25 contracts
46.5
4.4
0
50
52.3
91
98.8
50.2
1.17
32.4
Last Reporting Period
48
5.53
0.27
50
50.7
92.9
99
50.4
0.97
9.25
Lira/DM XRate (NYCE)
25 contracts
33.8
13.9
0
50
63.5
70.3
97.3
50.7
2.73
24.3
Last Reporting Period
39.5
16.2
0
50
58.4
73.6
97.9
50.5
2.1
28.5
DM/B Pound XRate (NYCE)
25 contracts
10.7
18
0
50
68.5
53.9
79.2
49.1
20.8
53.5
Last Reporting Period
20.1
47.7
0
50
61.2
54.1
81.2
52.5
18.8
39.1
Eurotop 100 (CMX)
25 contracts
3.55
100
0
50
90.9
46.3
94.4
48.3
5.59
78
Last Reporting Period
4.3
100
0
50
89.8
45.7
94.1
48.2
5.87
79.1
US$ Index (New) (NYCE)
50 contracts
15.9
51.8
69.6
50
1.81
100
87.3
51.4
12.7
40.6
Last Reporting Period
19.7
52.9
64.9
50
1.4
16.9
86.1
50.1
13.9
49.3
NYSE Compos. (NYFE)
50 contracts
18.2
89.5
40.1
50
8.36
16.8
66.7
56.6
33.3
36.8
Last Reporting Period
19.4
84.9
15.2
50
8.32
13.2
42.9
58.7
57.1
43.5
CRB Futures Index (NYFE)
25 contracts
16.9
30.6
63.1
50
0
––
80.1
45.9
19.9
66.5
Last Reporting Period
17.9
36.5
61.9
50
0
––
79.7
47
20.3
61.9

*Reporting positions as of November 4, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on November 7, 1997.
Consensus National Futures and Financial On Line Index

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