Market Vectors Steel ETF (SLX)

All Comments on SLX

  • commenter
    Oct 06 11:38 AM
    My Website
    Friday Outlook: Commodities, Emerging Markets [view article]
    Please remember that if going long you always want to have an exit strategy in place - one that is adjusting itself to the stock's behavior and overall market conditions. One that hopefully is better than just trailing stops., moving averages, trend lines, support/resistance. see www.smartstops.net Reply
  • commenter
    Oct 04 11:32 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    China has, as we know, enormous finacial reserves to put into play to keep their restless minions employed. They will continue to suck in whatever commodities they can afford. Either keep the minions happy or have their throats cut. literally. Other Asian nations are in the same boat.
    The US will inflate by Infrastucture spending. the US minions are too far under to borrow so printing is useless.
    Sth America, now nearly as Socialist as the US, will do the same as China. They will go the economic war path against the US and store commodities for their own use forcing a bankrupt US to raise the bid.
    Now, go read your own tea-leaves.
    regards
    Reply
  • commenter
    Oct 04 11:16 PM
    My Website
    Friday Outlook: Commodities, Emerging Markets [view article]
    I sent my absentee ballot in already and voted for Green or Libertarian and for only my Democrat Congressman Mr. Earl Blumenaurer who has consistently voted against the wars, against the bail outs, etc. My own gut sense is we are in for a very long and deep depression situation, and there is no government or combination of governments that can prevent this from happening. The lows we see now, will look high in another six months as more businesses fail, jobs become scarce worldwide, and trade slows. Reply
  • commenter
    Oct 04 09:46 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Everyone forgets the HUGE amount of panic deleveraging taking place. margin calls must be keeping the Telcos profitable.
    What is going to happen in 6-12 months?? Collapsing employment means Govt spending on Infrastructure. HUGE amounts are required. The commodities are not going to be down for long!!
    The BULL RAGES ......
    regards
    Reply
  • commenter
    Oct 04 08:08 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Good points YR Dog. Thanks everyone. Reply
  • commenter
    Oct 03 08:29 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    I have read another reason for the strong dollar. This comes from Chuck Butler from Everbank who writes a daily blog called "The Daily Pfennig"

    "One of the things we've learned this week is that the European banks are not getting to go Ollie, Ollie Oxen Free, on the holding of toxic waste debt... And since they are U.S. issued mortgage bonds, the trader that called tells me that they need to have capital reserved in U.S. dollars. Well, usually, these banks use LIBOR for this funding... But with the credit crunch going on all over, LIBOR rates have gone through the roof. So... Looking for alternative means of raising capital, the European banks have turned to the euro / dollar swap market... Selling their euro reserves and buying dollars"

    The libor rate does not seem to be coming down any time soon, so Uncle Bucky could be strong for a while. Not good for all the foreign currency ETFs I hold.
    Reply
  • commenter
    Oct 03 12:15 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Mr. Fry, It is getting to be a case of looking forward to your annotated charts. Thank You Reply
  • commenter
    Oct 03 12:15 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Mr. Fry, It is getting to be a case of looking forward to your annotated charts. Thank You Reply
  • commenter
    Oct 03 12:03 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    "...shotguns, food and booze." I love it... Reply
  • commenter
    Oct 03 10:36 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    But what matters is that this post is the mirror of a recession of major proportions. Commodities are volatile, but usually not this much beta on a falling equities market. It seems to say that worldwide the consensus is for a major economic retrenchment. No matter how happy we might be with the Treasury plan, we have yet to see how it can be executed. The devil is, as usual, in the details.

    Thanks, great data.
    Reply
  • commenter
    Oct 03 08:42 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    "not good, especially if your Canadian or Australian."

    If you think that's bad ...... chart the USA and compare.......
    Reply
  • commenter
    Oct 03 08:03 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    good stuff... i hope you post this every week! Reply
  • commenter
    Oct 03 07:48 AM
    My Website
    Friday Outlook: Commodities, Emerging Markets [view article]
    It's getting chilly up here. Great charts, Scarey too. Even Gold and Oil got hammered, not good, especially if your Canadian or Australian. Reply
  • commenter
    Oct 03 07:19 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Wow, you are good at drawing lines! Reply
  • commenter
    Oct 02 11:29 AM
    Thursday Outlook: Commodities, Emerging Markets [view article]
    Dave, thanks for your comments. I have made a lot of money with SDS since last week. That is why I never believe in charts and T/A but I always enjoy reading other people's opinion. Reply