Today in Commodities: Time to Take Profit and Loss [View article]
I have given up on the NG play for now. I have tried for over a year and it is going no where. I think we are in for a long flat stage for NG. Investors should ignore it till maybe 2012. Theres no demand, too much production. There are much better ways to invest, and make a quick buck. Thats the name of the game ..right?
Today in Commodities: Liquidity Squeeze [View article]
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?
Today in Commodities: Chicken or Egg? [View article]
I'm with you! Nothing has made sense so far, volume has been nil. I'm just hoping this thing gets pushed down in Sept. and Oct. just like everyone's predicting. Then , maybe we can get on a little firmer footing.
On Aug 19 02:29 AM TonyNed wrote:
> I think sitting on the sidelines until this market makes more sense > is the best play. Shorts aren't working and only dumb money could > possibly go long at these levels.
What concerns me is the fact oil is at 68 now. The supply is huge, demand is down, and the economy has not yet rebounded. To me if its at 68 now, if and when the economy does rebound or even shows signs of a meaningful recovery, oil will skyrocket to 200 plus.
Fundamentals Don't Support Oil at $55-60 a Barrel [View article]
If oil gets hammered in the next few months, does that paint a likely scenario that equites will follow? I think the run up in stocks was way too fast and I'm waiting on a correction. Maybe this will set it up.
$25 Oil Could Happen Before a Return to $100 [View article]
At $25.00 a barrell , they will stop pumping it out of the ground. They can't afford to. Then supply will dry up and boom!...Prices will skyrocket. I see $100.00 oil within three years.
Today in Commodities: Time to Take Profit and Loss [View article]
Today in Commodities: Liquidity Squeeze [View article]
Today in Commodities: Chicken or Egg? [View article]
On Aug 19 02:29 AM TonyNed wrote:
> I think sitting on the sidelines until this market makes more sense
> is the best play. Shorts aren't working and only dumb money could
> possibly go long at these levels.
Noticed the Oil Backup? [View article]
Fundamentals Don't Support Oil at $55-60 a Barrel [View article]
$25 Oil Could Happen Before a Return to $100 [View article]