Investing and Trading News, with a Contrarian, Sarcastic Twist!
My bad (thumping my chest with my palm). Tough week. Good thing I made those “crash proof” trades Monday night – I think I managed to sell at the absolute bottom. Ah well, that’s usually the way it works. I thought about adding a YTD calculation to improve my mood – but I’ll hold the […]
Don’t laugh too hard – we’re not that far off ourselves at this rate.
Even though the bull market and supply/demand story is still firmly in place for commodities, expect rocky trading going forward. Many hedge funds have been piling into these trades, driving the prices higher than normal, creating a “price premium”. So, when funds have to bail out of everything due to margin calls (a la earlier […]
The famed investor goes on to say that he does not expect a global recession. I take this as a cue to be wary of going long energy (highly US dependent), but feel good about grains and softs, which should not be as affected by a US recession.
Like everyone else – I’m worried the US markets are going to crash, or at least severely tank, tomorrow. Grains have been down big already this week, and the US markets have not even opened. So instead of waiting around to be slaughtered like a lamb…I’m trying to play a little offense. Here’s an overview […]
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 01/10/08 Long 1 MAR 08 Australian Dlr 0.8889 0.8733 ($1,560.00) 12/07/07 Long 1 MAR 08 Corn 415 498 1/2 $4,175.00 12/14/07 Long 1 MAR 08 Corn 439 498 1/2 $2,975.00 01/03/08 Long 1 MAR 08 Corn 468 498 1/2 $1,525.00 01/14/08 Long 1 […]
Great interview by The Donald on Fox News with a hilarious finish. (search for Trump Talks). “If I were president, you’d have $30 oil right now. I would call up Saudi Arabia and say ‘That f***ing pricing is coming down…and it’s coming down now. And you know what? They’d lower their price so quickly.”
Hmmmm – as a contrarian investor, stories like this make me nervous. On the bright side, maybe some readers can apply.
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