PowerShares DB Agriculture Fund (DBA)

All Comments on DBA

  • commenter
    Oct 08 02:32 PM
    My Website
    The Burst Commodities Bubble [view article]
    This emphasizes the importance of ALWAYS having an exit strategy in place for your positions at all times. Use one that's intelligent and will constantly adjust to the stock's behavior and overall market conditions. So that you can keep losses to a minimum yet ride the profits as the trend forms. Reply
  • commenter
    Oct 08 01:31 PM
    The Burst Commodities Bubble [view article]
    Felix,

    I read you often enough to know you don't believe that commodities was a bubble. You're just baiting the hook.

    Good comments
    Reply
  • commenter
    Oct 08 01:14 PM
    The Burst Commodities Bubble [view article]
    The whole commodities "bubble" theory was phony baloney. Companies with good earnings and solid fundamentals in markets of high demand are SUPPOSED to rise in price. That's what happens in a healthy market. There was no need for a "correction" because nothing was incorrect.
    This crash was brought on something else. I suspect market manipulation of a high order --hedge fund mischief, short selling sleaze, fake pronouncements by by fat cats looking to clean up at the top and the bottom.
    This wasn't about worthless overpriced stocks reaching their true value (as in the Dot Com Bubble) -- it was about good stocks being driven into the ground by sleazy manipulative crooks.
    Reply
  • commenter
    Oct 08 09:22 AM
    The Burst Commodities Bubble [view article]
    I definitely agree. I thought some of the financials looked attractive during the summer (CTBK, STI, MTB, UB) but now that there has been a price correction, I'd keep away from them again. The future won't be nearly as bright as the past.

    This whole commodities bubble and subsequent burst has to be one of the most insane things I've ever seen in the market. In a period of roughly 8-10 months, we've seen stocks with 3 to 6-fold increases in prices followed by an almost equally dramatic fall. Yet, there have not been very many dramatic changes in regards to fundamentals.

    This market feels more like the market from the 19th Century where boom and bust cycles would hardly be a year apart.
    Reply
  • commenter
    Oct 08 06:19 AM
    The Burst Commodities Bubble [view article]
    The Genie in my Bottle of Smoke says that the stories about fertilizers that were being told a half year or more ago were not all fiction. Food production will matter again and soon. Spring is planting and fertilizer application season.

    We are in deep water and fast currents but it is partly illusion. The Credit Suisse Chart of Mortgage Resets shows the flight plan. Right now every day is worse than yesterday and the water goes down into the stygian dark depths. But the water is not as deep as it seems. The flight plan says we are almost halfway through this Fall Nightmare. The Market Crash scheduled for August 14 took until the end of September to happen; it will all be better than expected because the chaos was held off by the strength of the overall economy for a lot longer than the Fates expected. The Powers-That-Be are working hard at doing their thing. Two more weeks to November; then we will not be safe quite yet but there will be some sense of solid bottom and we will be able to begin resuming breathing.

    There may or may not be a Christmas gift, but certainly a Chinese (Lunar) New Year's gift. The flight plan says by then it will be back to much like this past mid-summer with no more mountains to cross. If the big boys will just behave for awhile, it will be a rough road for a very long time but it will be over. Now and for the next week or two is probably the best time for (us) little guys to glom onto some cheap (affordable) stuff before the stock prices turn into helium balloons again.
    Reply
  • commenter
    Oct 07 11:49 PM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Two comments today.

    One is just about all of my short ETFs are gone. I put very high limits on them, most above any previous rocket high, and almost all have been taken out. Its like watching a rocket punch up and hand you some money.. So I am now waiting for the next dead cat bounce or sucker rally or whatever it will be to load up on Ultra short ETFs.

    Two, are we going to see deflation or inflation. After reading some history from 1929 to 1933, after the banks seized up, prices of just about everything went down... Not hard to imagine if no one is buying. Seems like that mentality is starting to take hold now. I am not sure what gold will do if there is deflation now. Back in the 1930's currencies were rolling off the gold standard and then Uncle Bucky seized all the gold in the USA so we cannot look to that as a lesson. I certainly agree with the billions soon to be trillions pumping out the Fed window, there has to be a dilution of the buck and many argue for inflation. Right now, my instinct tells me that deflation is just around the corner.. and capitalism does not work well in deflation, nothing to feed the greed. This could be back to Hobbs natural state where life is "short, nasty and brutish". How long can you make a living shorting the market?
    Reply
  • commenter
    Oct 07 08:33 PM
    My Website
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    I am voting for Hoover! Reply
  • commenter
    Oct 07 08:29 PM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    David, Thanks for sharing your work. Any chance you can track SLV and share some insights.

    TIA -wmh
    Reply
  • commenter
    Oct 07 06:24 PM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    question: what tool do you use to create trend lines and mark your charts? Reply
  • commenter
    Oct 07 12:23 PM
    The Real Reasons Fertilizer Stocks Are In the Dirt [view article]
    I think the reasons are valid but however it was only a matter before the stars in AG would fall too, even gold stocks have declined. The crisis in the markets spread to AG unfortunately Reply
  • commenter
    Oct 07 11:48 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Some of you are not wearing your thinking caps. Truly the Fed is flooding the market with paper. That is why the dollar will tank not the opposite. The only reason it is seeing temporary strength is the mass exodus of commercial paper and repatriation by scared homies that still believe that the US is the wealthiest nation and that stocks always go up. The markets are experiencing their balancing act between fear and greed. The problem is that the WTO aka Trilateral Commission won't let it work against the big boys. It's do as we say, not as we do. FAX and FXA look to be great buys here. I might just buy more. Reply
  • commenter
    Oct 07 11:41 AM
    The Real Reasons Fertilizer Stocks Are In the Dirt [view article]
    Am I the only guy who likes Terra Nitrogen (TNH)? How can a $2B company have now analyst opinions or following? Reply
  • commenter
    Oct 07 08:05 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    If you want to think about what could make the nightmare worse, watch the relationship between the ETFs and their net asset value. For instance if you start to see the SPY trade consistantly below its NAV (SXV), you will know disaster is coming.

    I sold all my SPY, MDY and QQQQ yesterday and replaced them with an equal dollar amount to approximate the same S&P industry weightings.

    Sounds crazy? My brokers are telling me that customers are afraid of
    FDIC insured bank deposit sweeps and are buying Treasury Bills at a much lower yield.
    Reply
  • commenter
    Oct 07 06:40 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    there wont be capitulation for all those waiting for one - the fed and the treasury can literally inject 100 billion into seven banks if it like right now or 1 billion to 700 banks and can get more money if they want - this isnt the 1930's where they have to find more gold to back their dollars it is fiat currency and can literally be printed out of thin air (there is an unlimited supply ) - all the CB's around the world will be forced to do the same so- the dollar wont crash - In the last 2 weeks alone (before the new 900 billion auction and the bailout) has been printing at 200% increase - the assets or credit derivatives will be so diluted by the amount of dollars flowing they will just an a small expense rather than an insurmountable problem that you see today - this crises will be drowned in a dollar or whatever currency your central bank happen to print -with maybe the exception being iceland Reply
  • commenter
    Oct 07 04:57 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    royial: Not to be facetious, but, Duuhh! ;-)
    Wonder if I'll pick the right reentry point for EEV, EFU, SDS, QID, SRS, SKF. Sold today in anticipation of typical big dip - follow up rally. Looking forward to recouping some losses between now and election day.
    Reply