Head and Shoulders top in India? No way. Only a very short-term analysis would ever jump to that conclusion based on the totally random gyrations of a closed end fund chart. Take a look at the more naturally trading ETF charts please. IFN trades in a very strange way based on supply and demand dynamics that have nothing to do with the underlying value of the companies in the fund.
PowerShares DB Agriculture ETF: 'Optimum Yield' or Undue Risk? [View article]
I don't really understand the grain markets and I bought a ton of DBA between 29-31. For new clients, I've been a little nervous about buying it above 37 because it has run up too much. According to Donald, I should probably sell now and run away and hide since we've made so much money doing it.
Tuesday Outlook: Unremarkable Volume, Breadth [View article]
White Noise Around Strong Current Negative Trends [View article]
White Noise Around Strong Current Negative Trends [View article]
5 Must Read Articles in Oil and Alternative Energy [View article]
PowerShares DB Agriculture ETF: 'Optimum Yield' or Undue Risk? [View article]