David White

Potash Corp: Dynamics of Supply and Demand Drive Earnings Growth

In addition POT is below the bottom level of its Bollinger bands. Further it just bounced off its 200 day exponential moving average today. This is an extremely bullish sign (as long as it keeps going up). When you consider that there are no really good reasons for the stock to be going down, you have to think it will go up from here. Of course, there is still the emotion sympathy problem with falling oil and grain prices. Then there is the threat of an ethanol mandate repeal. However, if you read the article I wrote on this recently, I think you will likely see that this is unlikely no matter who gets elected president.