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LCNS

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AcronymDefinition
LCNSLung Cancer Nurse Specialist
LCNSLarge Change Sensitivity Network
LCNSLower Case No Spaces (domain names)
LCNSLarge Commercial Net Short (finance)


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While the LCNS (the commercial net short positioning) is at new record highs, it comes when the COMEX open interest is well below its January 15, 2008 COT reporting record peak of 593,953 contracts.
The LCNS exploded a stunning 54,089 contracts and the open interest jumped an equally amazing 67,010 contracts the week prior, but notice that all commercials as a group increased their net short positioning less than the increase in open interest both of the past two weeks.
The LCNS rose 6,797 contracts and the open interest rose 5,819 contracts the week prior, so up to the gold breakout the COMEX commercials were actually adding more to their net short positioning than the increase in open interest.
 
 
 
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