ICAP Funds Report (Based on data from the Commodity Futures Trading Comimssion - Commitment of Traders Report)CFTC Report for: July/01/2008
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
 
Non-Commercial  Commercial Total  Nonreportable Position
Long Short Spreading Long Short Long  Short  Long  Short Total
This Week 182,066 467,894 464,951 630,454 399,885 1,277,471 1,332,730 90,897 35,637 1,368,367
Change 2,352 24,178 (15,473) 2,221 (11,461) (10,900) (2,756) 6,860 (1,284) 0
Last week 179,714 443,716 480,424 628,233 411,346 1,288,371 1,335,486 84,037 36,921 1,372,408
% Open interest 13.31% 34.19% 33.98% 46.07% 29.22% 93.36% 97.40% 6.64% 2.60% 98.33%
Concentration Gross Net
4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
Long Short Long Short Long Short Long Short
34.5% 41.5% 44.4% 55.5% 19.9% 28.4% 24% 32.2%
Market This Week Last Week Weekly Change
Open Interest 1,368,367 1,372,408 (4,041) 0%
Net Position Long Short % Open Interest Long Short % Open Interest Long Short % Open Interest
Commercials 230,569  0 17% 216,887 0 16% 13,682 0 1%
  22%  0 21% 0 1 0
Funds 0 285,828 21% 0 264,002 19% 0 21,826 2%
0 44% 0 42% 0 2
Non-Reportable 55,260 0 4% 47,116 0 3% 8,144 0 1%
44% 0 39% 0 5 0
1st 4 Traders Interest 19.9% 28.4% 19.9% 28.4%
Put/Call Ratio: .63 Last Week Put/Call Ratio: .65 Sentiment: Neutral

Last Week Put/Call Ratio: 2.47 Put/Call Ratio: 2.57 Sentiment: Bearish
Put/Call Ratio: 1.04 Last Week Put/Call Ratio: 1.04 Sentiment: Bearish