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Stocks
and
Commodities
with the
Insiders
Trade
Founded in 1807, John Wiley & Sons is the oldest independent publishing
company in the United States. With offices in North America, Europe, Aus-
tralia, and Asia, Wiley is globally committed to developing and marketing
print and electronic products and services for our customers’ professional
and personal knowledge and understanding.
The Wiley Trading series features books by traders who have survived
the market’s ever changing temperament and have prospered—some by
reinventing systems, others by getting back to basics. Whether a novice
trader, professional, or somewhere in-between, these books will provide
the advice and strategies needed to prosper today and well into the future.
For a list of available titles, visit our web site at www.WileyFinance.com.
Stocks
and
Commodities
with the
Insiders
Secrets of the COT Report
LARRY WILLIAMS
John Wiley & Sons, Inc.
Trade
Copyright © 2005 by Larry Williams. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted
in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or
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(201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their
best efforts in preparing this book, they make no representations or warranties with respect
to the accuracy or completeness of the contents of this book and specifically disclaim any
implied warranties of merchantability or fitness for a particular purpose. No warranty may
be created or extended by sales representatives or written sales materials. The advice and
strategies contained herein may not be suitable for your situation. You should consult with a
professional where appropriate. Neither the publisher nor author shall be liable for any loss
of profit or any other commercial damages, including but not limited to special, incidental,
consequential, or other damages.
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Library of Congress Cataloging-in-Publication Data:
Williams, Larry R.
Trade stocks & commodities with the insiders : secrets of the COT report
/ Larry Williams.
p. cm. — (Wiley trading series)
Includes index.
ISBN-13: 978-0-471-74125-1 (cloth)
ISBN-10: 0-471-74125-6 (cloth)
1. Stocks. 2. Commodity futures. 3. Speculation. I. Title: Trade
stocks and commodities with the insiders. II. Title. III. Series.
HG6041.W497 2005
332.64—dc22
2005007674
Printed in the United States of America.
10987654321
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