ain't no fortunate son

Potash and Agrium: Possible Agriculture Shorts?

POT looks like a tough call here.

Since July 1 its been bumping up against its 20 day EMA and failing, and its 200, 50 and 20 EMA's are stacked upside down offering hard resistance for a big up move.

On the other hand its recent action also indicates its possibly forming the right shoulder of an inverse H & S bottom.

If it were up to me, there would probably be more promising targets of opportunity until this thing gets resolved.

10 Standout Growth and Value Stocks

These are all resources stocks, and tied to the $USD. There are dozens and dozens of similar stocks with the same 3 and 4 month flat and inverse head and shoulders bottoms forming sound bases as market volatility subsides. When the market makes its final bottom these stocks will lead the way. Not sure we don't have one more big shakeout coming after this bear rally we are starting to see, but these stocks, techs and early cycle industrials, especially those with large exports to the emerging markets, will be the big early winners.