Weekly Positions Update – 03/16/08

The Contrary Investing Report

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

Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 03/13/08 Long 1 MAY 08 Cocoa 2891 2904 $130.00 03/12/08 Long 1 DEC 08 Cotton 89.95 87.40 ($1,275.00) 03/13/08 Short 1 JUN 08 E-Mini S&P 500 1315.75 1303.50 $612.50 03/13/08 Long 1 JUN 08 Japanese Yen 0.9992 1.0155 $2,037.50 03/12/08 Long […]

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Regular readers know that we’re keeping an eye on developments in the lumber market, which is suffering from its lowest prices in decades. I got the idea from Tom Dyson at DailyWealth, and his follow up article earlier this week inspired me to do some more research on the subject. If you’re also intrigued by […]

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In today’s DailyWealth, Tom Dyson makes the case for much higher grain prices in the future. According to Tom, here are the inflation adjusted highs for the grains (hit in 1947): Soybeans: $37.86 Corn: $26.03 Wheat: $29.25 Considering that during a bull market, nearly everything hits a new all-time high – these could have some […]

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For those readers not quite ready to open a futures account, here’s a good alternative option for you. UBS announced today that they are launching a new index that will focus on food inflation. Needless to say, this index would have produced very nice returns over the past 5 years – and I think the […]

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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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