Bulls Get Burnt As Coffee Spills 11/14/2005

Bulls get burnt as coffee spills: Longs threw in the towel today, as Coffee futures plunged to nearly 2-week lows. After initial sideways trading, prices started to fall, as commodity funds started liquidation of their long positions. Friday's release of the weekly Commitment of Traders report showed speculators long 7,175 contracts as of 11/1, with estimates of additional long positions added during last week's run. Read More....