yank

7 Rules For Investing During the Fourth Quarter

If what you are saying is correct then the commodity bull is dead. Here is why I believe you are WRONG:

1. China just reported quarterly GDP which remained close to 10%. Estimates for 2009 are for a GDP of 9%. Hardly a global depression by any means. China's earthquake restorationand urbanization will continue to require enormous quantities of metals, oil, and other hard assets.
2. If this bull is dead it would mark the shortest commodity bull market in history. Again, a very unlikely scenario. Mining supply constraints continue to hamper production of copper, aluminum, nickel, and other base metals.
3. Jim Rogers just started another commodity fund last month. Why would he do so if the commodity bull run is over? Short answer: He would not.

4. Your comment about a market that cannot move higher without Financials is the typical Wall St. party line, which off course is self-serving and off-base. Financials from a technical standpoint (just ask Lousie Yamada or Carter Worth) are in a confirmed downtrend which is not likely to reverse for several years. Unlike Financials, commodity producers actually produce "things" that economies actually use.

I cannot recall another period in the market where the regulators have absolutely failed investors. This SEC is one of the most corrupt and inept ones ever. Buy n hold is dead because it's been killed by mo-mo hedge funds that chase returns and jump in and out of stocks. Sarbox has also killed any domestic companies ability to grow profits.

Thes guys have turned Wall St. into a Vegas-style craps table where it is now virtually impossible to establish an accurate value for stock prices. Thanks guys. Somebody needs to go to jail for this travesty.