Friday Outlook: Commodities, Emerging Markets

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The market’s action is violent and we’re looking for calmer conditions like a sea captain looking for calmer waters. For anyone wanting to take and hold positions with reasonable stops, market volatility won’t allow it. Overtrading would be the result not to mention some lost sleep.

So, that will do it for us today and you see I’ve been a good boy!

If you’re interested there’s a 10 question and answer interview session we just completed with the Kirk Report with link highlighted here. Charles Kirk is one of our favorite people and we owe him a special thanks for all his hard work, not to mention the interview opportunity.

Have a pleasant evening.

Disclaimer: The ETF Digest maintains no positions in any of the highlighted securities.

Comments

[mn33:]

babble babble babble

2008 Nov 07 02:09 AM

[fatcat:]

David,keep up the good work,you write one of the best business news articles ,IMO.

As for some of the negative comments,cripples,shut... just general nutcases abound on the internet...shame..

2008 Nov 07 05:17 AM

[Scared Stiff:]

Keep up the good work, Dave. Don't let the man get you down!

2008 Nov 07 06:24 AM

[Teahn222:]

Mr. Turkey Babble. Don't read this blog.

Bosun.j: You posted yesterday as someone who took great offense at the photo and other drivel as the "grieving process"? You are comically infused with your own sense of being the universal "authority" on any matter.

This is one of the best columns in Seeking Alpha. [Too bad the SA editors seem to readily cave in to the humorless, ultra-sensitive readers out there.]

Dave, your work is greatly appreciated and highly valued.

Many thanks.

2008 Nov 07 07:42 AM

[diazamm:]

Bosun.j.

Your comments are toxic to Seeking Alpha readers and disrespectful of Mr. Fry's outstanding work. It is apparent that from your repeated use of the word WEALTH, that you have lost much in terms of your portfolio and now you are just batf*****ing insane.

Stop posting on this site and get some much needed counseling.

Keep up the good work, Mr. Fry.

2008 Nov 07 08:07 AM

[NOWHEREMAN:]

nice charts,

one question though, given the current deflationary environment, what prevents a US Depression?

Bernanke, the herkyjerky guitar man, who is supposedly a student of The Great Depression seems to have become unglued. Why the discount rate is still beyond 1% is beyond my comprehension. Are there inflationary
expectations he is still fighting or is he hallucinating?

Caveat, if Israel takes out Iran's nuclear reactor, will all of the natural resource currencies rally to their recent highs?

2008 Nov 07 08:35 AM

[PDL27:]

David, thanks for your commentary as usual. I hope you won't take the bait and try to respond to bosun.j -- there are elements to that screed that beg for a response but it hardly seems worth it since bosun.j seems completely immersed in ideas and opinions whose validity is not only questionable but has been proven wrong throughout history.

Anyway, for one who still believes that "Wall Street" still serves an important function in our capitalistic society and that there is nothing wrong in trying to generate decent returns from our investments and seed capital which was generated by our own labor over many years, some of which were producing widgets at a reasonable profit and not merely for the benefit of society, we appreciate your analysis of the ETFs in your universe. Unfortunately, they paint a rather dismal picture at the moment and I'm afraid that's a pretty good assessment of both the current and near-term economic situation for our beloved country and the world as a whole. Maybe Mr/Ms bosun.j should consider what your trivial graphs "tell" about the challenges facing this country and its evolving leadership.

Thanks for your work.

2008 Nov 07 09:21 AM

[investor88:]

Dave carry on the good work. The charts are comments are useful and informative. Like you I am a "good boy" because I do not want to loose sleep playing this erratic market, keeping cash powder dry.

If we follow the market closely, it will tell us when conditions are more favourable for investment or trading. How will it tell us? You studious study of the various moves in the market should give us a clue. Plus other detective work that may be required, it is simple in concept but not easy.

2008 Nov 07 09:34 AM

[dc1:]

Hi Dave, Thanks again. Ignore the idiots. I use to read some of the comments, hoping for additional info. Decided it was a waste of time after reading the first one or two. Usually the nutjobs get in the first comments.

2008 Nov 07 11:22 AM

[avi8tor:]

Great post as usual Dave... Don't pay any attention to the whack-jobs like Bosun.j, they contribute nothing and their opinions mean nothing! Keep up the good work.

2008 Nov 07 09:10 PM

[Binnacle:]

It is amazing how posters are allowed to freely dispense their vitriole in numerous good blog columns in Seeking Alpha. It undermines the excellent work of the authors and ruins the reading and learning experience for the rest.

Bosun.j [and other troubled minds] spew such negative comments about the US economy, politics and finance as evidenced from his blog from Bangkok, Thailand. Such hateful writing needs to be banned from SA.

2008 Nov 08 02:03 PM

[Binnacle:]

Let me also add that I think SA editors quickly buckled when Bosun.j complained of Mr. Fry's posted image saying it was a "slag" and offensive.

The real offense is that had SA editors bothered to check Bosun.j's profile and website linked on Seeking Alpha, this "writer" prides himself as a retired USMM captain from Brooklyn, NY writing pure poison from Bangkok and advertising "activity partners" on his blog.

Great work, SA.

2008 Nov 08 05:10 PM