Trade Alert – Bought More Coffee

The Contrary Investing Report

Investing and Trading News, with a Contrarian, Sarcastic Twist!

I picked up another coffee contract yesterday on the pullback – I think this provides a nice buying opportunity. The Dec contracts are currently trading at 128.85. Every interview that Jim Rogers gives now, he seems to toss out these three commodities as the current buying opportunities:* coffee* cotton* sugar I would take a hard […]

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I just picked up one more cotton contract this morning – this crop is poised perfectly for a big rally quite soon. Remember that often these four crops share soil:* wheat* corn* soybeans* cotton The first 3 are at all-time highs right now. So it’s clear that cotton will continue to be neglected further in […]

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Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss Market Value 01/22/07 Long 1 DEC 08 Cotton 63.00 74.50 $5,750.00 04/16/07 Long 1 DEC 08 Cotton 64.50 74.50 $5,000.00 07/27/07 Long 1 DEC 07 Coffee ‘C’ 115.30 128.70 $5,025.00 06/19/07 Long 1 DEC 07 Coffee ‘C’ 120.50 128.70 $3,075.00 03/23/07 Long 1 […]

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Gold hit $733 this morning, a 27 year high. From Agora’s 5 Minute Forecast today: “This move in gold is very different from the spike of May 2006,” says Adrian Ash of bullionvault.com. “Back then, gold moved higher with stocks and bonds. Now stocks and bonds are slipping back while gold attracts a genuine safe-haven […]

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About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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