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Aug 18 19:49 pm
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All Comments by Invisible Hand »Potash Sell-Off Overdone - Citi [View article]
Hedge funds have a hold of this stock and whip it back and forth based on the direction of oil, gold, and the dollar. Fundamentals don't count right now. I predict another sell off with oil going down to the 80's. I base this off of lower inflationary expectations going forward. China is the big player that could change this picture. If news comes out that China is back on track to levels of 9 to 10 % growth then the commodity bull is back on.