Blue collar guy

The Burst Commodities Bubble

I have no worries about these stocks whatsoever, regardless of their monstrous precipitous fall from grace. It figures that they were held in great numbers of Mutual Funds, Derivitives, Hedges Funds, etc, etc. and had to be sold to meet other obligational losses. When you are going down and heavily leveraged at the same time you MUST start selling off the good stuff because generally people wait too long to dump losers.....triggers or no triggers.
When stocks like Monsanto can fall and other blue chips when they are perfectly healthy companies by ANY standards, the btm. line is PANIC, PANIC, PANIC being the main reason for everything going down.