Domino412

Today in Commodities: Living Up to Expectations

Everyones betting the farm on Nattie going higher; it may bottom, stay flat for years to come. Especially with global warming, mild winters and seemingly calm tropics, and lower industrial demand. A lot of drilling and exploration companies may fold . CHK bankrupt?

Friday Wrap: This Market's Running on Empty

Regarding SDS and the "inverse" etf's...I got caught up last year buying into UYG , the pro "up" financials. I started a position at 20, kept buying in, got heavier as it went lower. Really "gunned" it when it hit around 8 thinking surely that was the bottom in financials." Wrong," it went below 3, I got out on a bounce at 3.12. Even now its below 6. It will never get to 20 again. These products are nothing but financial suicide! Stay away! I lost enough to buy a fairly nice vehicle, and Lord knows I need one now.If you want to gamble, might as well go to Vegas...and at least enjoy some pretty women on the way down.

Today in Commodities: Liquidity Squeeze

I've been averaging into ETN (COW), the livestock fund. Anybody have any opinions on this? From what I can tell, by examining the CME charts, it doesn't seem to accurately follow the the daily moves in livestock futures. Also, the daily volume is pitifully low. Any input is helpful. Are there other ways to play livestock?