sbenard

Total Rating:
+4 / -3

207 Comments

    • Thu Feb 7th 18:09 PM | Rating: 0 0
      Commented on:
      Google Traffic Significant in Only Four Areas
      I use Firefox browser, and have an add-on called NoScript that permits me to block not just pop-ups, but ALL advertising scripts, even ones placed on a web page from other sites. This could doom Google's ad revenue as more and more people use this free add-on. I no longer worry about all the ads because I've blocked them all!
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    • Thu Feb 7th 14:21 PM | Rating: 0 0
      Commented on:
      Does Anybody Care That Wheat Surpassed $10 A Bushel?
      I care! I'm a grains trader! Soybeans, wheat, and corn all high all-time new highs yesterday. Fortunately, prices have backed off since then.

      We had better get used to higher food prices. They're probably going to continue to go much higher, unfortunately.

      Wake up, Fed. Sounds like Plosser and Lacker are starting to get it, but not Helicopter Ben!

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    • Fri Feb 1st 17:55 PM | Rating: 0 0
      Commented on:
      Proshares to Leverage Commodities
      I have been writing and begging Proshares and other ETF cos to offer inverse commodity ETFs. Thank you, thank you, thank you! IRA investors are only permitted to take long positions, so in order to short the market, I have to BUY an inverse ETF. I can't believe it took this long for someone to see this opportunity.

      Now, I'd just like to know WHEN!
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    • Mon Jan 21st 13:51 PM | Rating: 0 0
      Commented on:
      Economic Policy: Don’t Fight The Next War With The Last War’s Tactics
      Good thoughts all, including those of the comments here. I can't add much, except that I would also point out to Trader T, just as Reinko did, that only WE are deceived into thinking that fighting terrorists in Iraq vs. them following us here is an either/or scenario. The terrorists are NOT so deceived! The two are not mutually exclusive. Fighting against the uneducated peons of the Muslim world in Iraq is just the distraction that the leaders of Al Qaeda are counting on. They hope we will spend countless trillions sending our men there to fight against the uneducated millions they can recruit from their world. Meanwhile, they will plan in their hideaways to attack us here with their more educated (like Mohammed Atta and the others who carried out 9/11) foot soldiers. They will send them across our borders (Canada or Mexico) and will wait for the perfect opportunity to strike again. They will only strike when we are unprepared, unexpectant, and when they can kill millions. Their patience is their greatest advantage. This will happen while we have more military divisions in Iraq than we do here protecting and securing the borders of our own country. We are playing right into their hands with your thinking that if we fight them there, we can avoid them killing us here. Mark my words; history will prove out that we were distracted and that we misdirected our military resources away from securing our borders. Unfortunately, it will cost many American lives to teach us this lesson -- and they won't be military live in Iraq, either! They will be civilian lives lost -- and they'll be HERE in America!
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    • Mon Jan 21st 13:26 PM | Rating: 0 0
      Commented on:
      Commodity Super Cycle: Ready to Rumble in 2008
      Sorry to add to what I already said.
      I have also found that one of our human weaknesses is that we grasp a group of core fundamentals-related information, and base our decisions upon that, while simultaneously ignoring or being unaware of other fundamentals information that would dramatically change the entire paradigm if we had considered it.
      I have a good friend who is a commodity futures broker who makes bets all the time based upon real-time fundamentals-related new feeds. These feeds are the best available. Yet his clients lose lots of money because there are always other undercurrents going on. While he is looking at the supply/demand equation in soybeans, he is oblivious to the impact that the USD or the Fed has on hedge funds that are constantly moving in and out of the soybeans markets. Thus, he is always taking a bath because there was additional fundamentals info that he was unaware of when he placed his bets.
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    • Mon Jan 21st 13:19 PM | Rating: 0 0
      Commented on:
      Commodity Super Cycle: Ready to Rumble in 2008
      As a trader, I couldn't help but notice that commodities across the board this past week showed signs o weakness almost across the board. This, only about a week after many commodities reached new highs, including energies, grains, and softs. Volume indicators are showing broad-based selling, traders on CNBC are mentioning it, open interest is falling, and prices have begun to decline. Could this be the beginning of falling commodity prices because of reduced demand during a recession? I am beginning to wonder! The Chinese government is working very hard to cool the break-neck economy at home; could this also cool demand for commodities? There are often so many fundamentals-based variables to consider in the financial markets, I find it difficult to get my mind around them all and make good trading decisions based upon that alone. The fundamentals are depend upon the correct interpretation, assimilation, and accurate supply/demand analysis to properly place bets. Therein lies its weakness because few are able to accomplish these things with any regularity. I don't ignore fundamentals, but I've found that technical analysis gives me an edge because the charts don't mislead as the fundamentals often do. They are certainly not 100% accurate, but I have found them to provide me with a more consistently accurate portrayal of what market conditions are and the sentiment I should bet on.
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    • Wed Jan 16th 12:37 PM | Rating: 0 0
      Commented on:
      All Signs Point to More Inflation
      I posted a link to this article on my blog. I'm recommending it to all my fellow futures traders. Understanding the causes of these inflation and deflation cycles is critical for investors. You have explained it very well. Thanks a bunch, Chris!
      globalcapital.blogspot.../
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    • Wed Jan 16th 12:34 PM | Rating: 0 0
      Commented on:
      All Signs Point to More Inflation
      WE must remember that the deflation is caused by the popping of bubbles following inflation caused by excessive prices on a foundation of debt. Excessive debt causes inflationary bubbles, followed by deflationary popping of those bubble. If the Fed simply seeks to constantly reinflate those bubbles through excessive monetarization, then we end up in a constant boom and bust cycle. The most economically viable long-term growth comes when the government stops this boom and bust cycle by permitting free markets to work.
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    • Wed Jan 16th 12:27 PM | Rating: 0 0
      Commented on:
      All Signs Point to More Inflation
      I love this article. Excessive debt has never been an effective means to maintain economic vitality long-term. Excessive debt caused the problem, it just doesn't make sense that MORE would be the solution. I think we are building a house of cards. When will it fall?
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    • Tue Jan 8th 11:13 AM | Rating: 0 0
      Commented on:
      God Told Me The Market Will Crash Soon - Pat Robertson
      Isn't the sign of a false prophet that they do this - make prophecies that don't come to pass? Most prophets made prophecies in the, "If the people don't repent, then God will do this" mode. They are conditional. But Pat didn't, and now he has egg on his face. I'm still trying to figure out how a Robertson could endorse Giuliani. Will wonders never cease!
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    • Mon Jan 7th 15:07 PM | Rating: 0 0
      Commented on:
      Commodity Super Cycle: Ready to Rumble in 2008
      mlmrun, I own most of the as you, plus RJA and MOO.
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    • Mon Jan 7th 15:06 PM | Rating: 0 0
      Commented on:
      Commodity Super Cycle: Ready to Rumble in 2008
      Gary, I'd like to see your thoughts here on the prospects for commodity prices in a recessionary environment. Typically, a recession brings lower commodities demand, and thus, lower prices. Do you see any reason why that would NOT occur if the U.S. has a recession?
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    • Sun Jan 6th 20:45 PM | Rating: 0 0
      Commented on:
      2007 Was Commodities' Banner Year, More Reasons to Be Bullish for 2008
      I'd like to see someone write an article about the phenomena that commodity prices usually drop on weak demand during a recession. I trade commodities, but worry that demand will drop and the bull market will acquiesce to that weaker demand.
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    • Sat Jan 5th 01:24 AM | Rating: 0 0
      Commented on:
      Gold Is Just a Brick ('Active Value Investing' Book Excerpt)
      Interesting article, but I think the sentiment of the readers and commentators here is closer to the truth. Hard assets, gold included, will always eventually win out over paper. As a trader, I strive to make money in paper assets, but I always convert a good percentage of them into hard assets because they will ALWAYS be worth something. The wise will always remember that paper is ultimately just... paper!
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    • Sat Jan 5th 00:57 AM | Rating: 0 0
      Commented on:
      Greenspan's Christmas Carol Warning
      I agree perfectly with the previous post on his assessment of Nardelli. I couldn't have said it better! Stay away from Chrysler -- both cars and stock -- while he's there.
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