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 September 23, 1997.
*Released from Commodity Futures Trading Commission on September 26, 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	11.2	68.9	4.6	50	69.7	46.5	85.6	49.6	14.4	52.3
Last Reporting Period		9.66	45.2	4.83	50	67.4	50.9	81.8	50.2	18.2	49.3
T-Bonds (MACE)	500 contracts	33.2	50.7	0	50	0	––	33.2	50.7	66.8	49.7
Last Reporting Period		29.2	54.6	0	50	0	––	29.2	54.6	70.8	48.1
90-Day T-Bills (IMM)	150 contracts	10.2	68.8	22.8	50	37.3	24.4	70.4	39.2	29.6	75.7
Last Reporting Period		13.1	28.8	5.38	50	49.3	41	67.8	39.3	32.2	72.5
6.5-10Yr. T-Notes (CBOT)	500 contracts	8.23	76.5	0.76	50	76.2	47.3	85.2	50.1	14.8	49.2
Last Reporting Period		9.81	41.6	0.76	50	72.3	53	82.9	51.6	17.1	42.3
5-Yr. T-Notes (CBOT)	300 contracts	17.1	69.3	1.68	50	69.5	46.7	88.3	51.1	11.7	41.5
Last Reporting Period		15.2	36.9	1.35	50	71.1	55.1	87.7	51.9	12.3	36.6
2-Yr. T-Notes (CBOT)	200 contracts	9.37	27.3	0.07	50	76.2	55.5	85.6	52.4	14.4	35.5
Last Reporting Period		10.9	18	2.43	50	73.7	57.3	87	52.2	13	35.3
Eurodollars (IMM)	850 contracts	5.38	64.5	6.27	50	62.4	51.7	74	52.5	26	42.9
Last Reporting Period		4.9	52.7	4.9	50	64.5	53.3	74.3	53.1	25.7	41.2
1-Mo.LiborRate(IMM)	100 contracts	4.29	59.7	1.1	50	88.3	49.2	93.6	49.7	6.35	55
Last Reporting Period		3.34	32.3	2.35	50	86.8	50.4	92.5	49.7	7.49	53.1
Municipal Bonds (CBOT)	25 contracts	5.2	94.5	0.22	50	86.8	45.3	92.2	48.1	7.8	72.3
Last Reporting Period		2.23	89.7	0.23	50	90.4	48.8	92.8	49.8	7.16	52.6
30-Day Fed Funds (CBOT)	100 contracts	10.9	8.32	3.46	50	74.2	58.9	88.5	52.3	11.5	32.2
Last Reporting Period		11.6	9.9	5.05	50	71.1	58.4	87.7	51.5	12.3	39.2
Canadian Dollar (IMM)	200 contracts	21.1	26.1	0.82	50	47	50	69	42.7	31	66.3
Last Reporting Period		12.6	40.7	0.71	50	54.1	40.3	67.4	40.5	32.6	69.7
Swiss Franc (IMM)	200 contracts	24.1	72.9	1.58	50	38	29.2	63.7	46.3	36.3	56.6
Last Reporting Period		17.1	28.5	1.79	50	51.6	61.4	70.5	53.1	29.5	42.5
Deutschemark (IMM)	200 contracts	16.1	49.5	2.35	50	42.5	48.4	61	48.7	39	52
Last Reporting Period		13	44.5	0.85	50	55.8	53.6	69.7	51.8	30.3	45.8
Pound Sterling (IMM)	200 contracts	19	5.7	0	50	49.1	74.3	68.2	55.1	31.8	39
Last Reporting Period		10.4	10.1	0	50	58.2	61.8	68.6	53.9	31.4	41.4
Japanese Yen (IMM)	200 contracts	21	11.1	0.03	50	54.6	74.8	75.6	57	24.4	28.1
Last Reporting Period		12.4	17.4	0.94	50	64.6	60	78	53.1	22	39.1
Australian Dollar (IMM)	200 contracts	24.1	2.41	0	50	51	83	75.1	57.1	24.9	28.6
Last Reporting Period		15.1	8.09	0	50	58.1	66.8	73.1	54.7	26.9	37.2
Mexican Peso (IMM)	200 contracts	11.8	91.5	10.9	50	55	35.7	77.7	46.2	22.3	63.4
Last Reporting Period		7	96.2	0	50	63.9	43.7	70.9	48.9	29.1	52.8
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	4.74	49.5	0	50	91.5	49.2	96.2	49.2	3.75	69.5
Last Reporting Period		4.89	42.3	0	50	87	49.4	91.9	49	8.08	61.5
S&P 500 (IMM)	300 contracts	6.45	30.9	0.16	50	73.3	49.8	79.9	48.2	20.1	57
Last Reporting Period		5.66	31.7	0.42	50	67.9	49.2	74	47.9	26	56
Value Line Avg. (KCBT)	50 contracts	––	––	––	50	––	––	––	––	––	––
Last Reporting Period		––	––	––	50	––	––	––	––	––	––
Mini Value Line Avg. (KCBT)	50 contracts	10.2	84.6	0	50	37.9	29.3	48.1	41	51.9	58.3
Last Reporting Period		9.27	84.8	1.1	50	56	47.6	66.4	52.9	33.6	44.3
GSCI (IMM)	25 contracts	5.97	60.3	0	50	92.1	48.4	98.1	49.2	1.88	94.1
Last Reporting Period		5.41	60.5	0.55	50	91.7	48.4	97.7	49.1	2.34	88.3
Nikkei Stock Avg. (IMM)	50 contracts	23.4	60.2	0	50	60.7	40.9	84	46.2	16	69.8
Last Reporting Period		17.9	51.7	0	50	61.2	45.7	79.1	47	20.9	61.2
Russel 2000 Index (CME)	25 contracts	12.2	66.9	0	50	74.5	40.1	86.7	43.9	13.3	89.9
Last Reporting Period		8.97	56.6	0	50	77.2	42.6	86.2	44.1	13.8	87.1
JY/DM XRate (NYCE)	25 contracts	38.1	72.7	0	50	51.1	25.1	89.2	45.4	10.8	87.9
Last Reporting Period		25.6	49.3	1.13	50	62.8	48.6	89.6	48.9	10.4	59.9
FF/DM XRate (NYCE)	25 contracts	51.1	11.9	0.55	50	46.1	94	97.7	50.9	2.26	12.5
Last Reporting Period		47	10.1	0	50	47.6	90.8	94.6	50.7	5.37	37.8
IL/DM XRate (NYCE)	25 contracts	57.1	18.7	0	50	40.4	96.1	97.5	50.8	2.53	20.5
Last Reporting Period		50.2	27.5	18.4	50	28	92.6	96.6	50.7	3.41	31.1
DM/BP XRate (NYCE)	25 contracts	45	44.1	0	50	35.9	63.7	80.9	52.8	19.1	38.3
Last Reporting Period		35.8	42.9	0	50	42.1	56.3	77.9	50.2	22.1	49.5
Eurotop 100 (CMX)	25 contracts	4.88	100	0	50	89.5	45.3	94.4	48.2	5.63	80.7
Last Reporting Period		7.5	100	0	50	79	39.9	86.5	45.2	13.5	81
US$ Index (New) (NYCE)	50 contracts	35.5	50.5	50.2	50	0.28	100	85.9	50.4	14.1	47.7
Last Reporting Period		57.9	51.2	16.2	50	6.93	0	81	46.6	19	64.7
NYSE Compos. (NYFE)	50 contracts	24.2	88.5	0	50	9.17	0	33.4	64.2	66.6	42.9
Last Reporting Period		20.9	94.1	3.17	50	14.2	0	38.3	55.5	61.7	46.6
CRB Futures Index (NYFE)	25 contracts	15.2	28.5	65.7	50	0	––	80.9	46	19.1	67
Last Reporting Period		11.3	45.7	67.5	50	0	––	78.7	49.4	21.3	52.3

Consensus National Futures and Financial On Line Index
Food & Fiber Index

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