RossQ

Buy, Sell or Hold: What to Do with Potash Corp.?

lower oil prices = lower demand for oil. Lower demand = lower consumer ability to pay high prices = global slowdown = less demand for commodities = this sharp selloff. PERIOD

When the hedge funds decide to change this thesis

things will change, who knows when that will happen, my guess end of August, why thats when Nat Gas usually rallies, I know that makes no sense.

But, look at the charts, UNG fell off a cliff and everything followed COAL, Metals, Ag, Oil, Steel, even though some benefit from the fall of others.

I know this makes no sense, but everyday I watch my portfolio bleed: Long oil, Ag, Steel and Coal