Chalfont1979

Commodities Still Well Shy of 2006 Correction

Monsanto has corrected 29% off it's June high and from January of "08 to March of '08 Monsanto correct 29.99%.

CRB index is something to look at but Monsanto is at or near it's bottom.

Buy, Sell, or Hold Fertilizer Stocks: Agriculture Bust (Part II)

Opps, typo on last post... I meant January NOT July.

Buy, Sell, or Hold Fertilizer Stocks: Agriculture Bust (Part II)

You know it seems to me that the author calls a downturn in Ag long after the uptrend has broken and those that know this space know that Ag trades with the other commodities and while everyone is losing their heads I have been buying up MON shares.

The uptrend will resume in this space just like it did the past 6 years (that I have been watching it) after Labor Day and up until July.

Don't let the shills scare you out of your shares because the more bearish the sentiment is the closer to the bottom we are getting. $146 will be EASILY achievable once the trend reverses.