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I just picked up a Cocoa contract. I had been eying cocoa for about a week, but wanted enough validation to pull the trigger. Of course now I wish I had pulled it sooner – but that’s the way it works. Check out the cocoa chart here – very strong rally following up from the […]
Unfortunately Agora has not yet posted the full article yet in their Rude Awakening archives – keep an eye out. Same story we all know – agriculture is poised to go much higher, and the softs (sugar, cotton, cocoa, coffee) look particularly undervalued.
Over at Agora, commodities guru Kevin Kerr listed his hot commodities for ’08. In short, he likes the soft commodities – especially cocoa, coffee, and sugar. Both coffee and sugar have been pushing higher over the past couple of weeks. I picked up another sugar contract this morning in an attempt to pyramid this rise. […]
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