Commitment of Trader's Report - Fund Long Position In Natural Gas Jumps By 25%

Trade in the natural gas market by the hedge funds, "the smartest men in the room", has been quite interesting to watch over this past winter as their timing has been absolutely horrendous.

The funds have been quick to jump back into the market on the long side during any instance it appears to be bottoming only to quickly liquidate as the lows fail to hold.

Friday's Commitment of Trader's report showed the fund long futures position in the natural gas market increasing by 13,892 contracts or 25% in the latest week to a net long position of 68,539 contracts.

This increase comes during a time when the market lost 8.2% in last week's holiday-shortened session.