New Poll up on the website - email subscription readers please join in and respond...
There will come another time when commodities will act like a strong sector again, like say (ahem) financials... how will you respond?
Q: One day, Commodities will Reverse and Bounce - What Will You Do? (3-6 month time frame)
A #1: I'm a buyer into the bounce - the reversal will signal a bottom; what a steal to buy at these prices
A #2: I'm a seller of that bounce, the story is over - it was fun while it lasted
Wednesday, July 23, 2008
Subscribe to:
Post Comments (Atom)
Financial Blogroll
- FinViz.com
- Euro Pacific
- Zero Hedge
- BeSpoke Investment
- The Big Picture
- Newsflashr
- Wall St Cheet Sheat
- Baseline Scenario
- Naked Capitalism
- Abnormal Returns
- TickerSpy
- FT.com Alphaville.com
- Calculated Risk
- Infectious Greed
- Financial Armageddon
- Wall Street Window
- Mad Hedge Fund Trader
- Real Clear Markets
- Matt Taibbi Blog
- 24/7 Wall Street
- The Daily Bail
- Cumberland Advisors
- NYMag
- All About Trends
- Market Oracle
- Markman
- Notable Calls
- Carpe Diem
- What's Trading
- Finz.tv
- UpsideTrader
- Zentrader
- Investment Postcards
- Dealbreaker
- Stock Trading to Go
- Toro's Running of the Bulls
- Barron's Tech Trader Daily
- FINAlternatives (Hedge Funds)
- Money and Markets
- StreetInsider Analysts News
- Blogging Stocks (AOL)
- The Daily Reckoning
- ETF Trends
- Hedge Fund Consultant Blog
- Get Rich Slick
- Guru Focus
- Fundmastery
- The Fly on the Wall
- Bill Gross PIMCO Archives
- MrSwing.com
Our Readers' Websites
Industry Focus Sites
Some Mutual Funds That Perk My Interest
- CGM Mutual (Kenneth Heebner)
- CGM Focus (Kenneth Heebner)
- Quaker Strategic Growth
- Loomis Sayles Mid Cap Growth
- Bridgeway Aggressive Investors
- Eaton Vance Multi Cap Growth
- Saratoga Large Cap Growth
- AFBA Five Star Large Cap
- American Century Vista
- American Century Heritage
- TCW Growth Equities
- Dynamic Power American Growth (Noah Blackstein)
- Dover Long/Short Sector Fund
Weekly Most Read
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows
Archives By Date
-
►
2011(1304)
-
►
12/11 - 12/18(11)
- Market Montage Officially Launches Tomorrow
- Goodbye and Goodnight Fund My Mutual Fund
- Nothing Much from the Fed Other than a Few Words C...
- [Videos] Howard Davidowitz Grumpy as Usual
- Bad Economy? Yeah Right - Not in the Farming Heart...
- Marketwatch: Why Did 24 Hour Trading Never Take Of...
- Still Holding On
- Some Caution Now Technically on the Gold (GLD) Tra...
- USA Today: As Bernanke Punishes American Savers, t...
- Risk Off for the Day it Appears
- Zynga (ZNGA) Heads the List on Busiest IPO Week Si...
-
►
12/04 - 12/11(29)
- Move Day Next Week
- Update on the Battle of the 200 Days
- [Video] ECRI Still Sticking with Recession Call De...
- DuPont (DD) Warns this Morning as "Decoupling" The...
- There Was Just another Rumor Released Via a News A...
- Q3 Was Not a Good Quarter for American Wealth - Wo...
- The Battle of the 200 Days?
- Ford (F) Halted, Reinstates Dividend
- [Video] Marc Faber Visits Bloomberg
- Draghi Announced 4 Non Standard Measures at Presse...
- ECB "Only" Cuts Rates Back to Record Lows by 0.25%...
- And... IMF Official Denies Rumor
- Need a Rumor to End the Day Right? Got One
- Are We Making Too Much of the Drop in Labor Force ...
- A Lot of People are Living the "College Lifestyle"...
- [Video] Bob Prechter is Back... and Shockingly, St...
- The Journey to Nowhere Has Been a Wild Trip Since ...
- S&P 1265 Again
- Who Wants Action?
- Some Days....
- If the S&P 500 Was Equal Weighted Rather than Mark...
- [Video] Tom DeMark Says S&P 1330+ by Christmas, wi...
- Just about Every Country in Europe Downgraded
- GMO's Jeremy Grantham's Q3 Letter: The Shortest Qu...
- FT.com Report S&P to Put 6 Euro Nations on Credit ...
- Steve Liesman of CNBC Still Believes no ECB Bazook...
- Uncle Buffet Has to Be Pleased about the Bank of A...
- ISM Non Manufacturing 52.0 vs Expectation of 53.9
- Back to (the New) Normal
-
►
11/27 - 12/04(30)
- No Posts Today
- Average Foreclosure Time Sets New Record of 631 Da...
- Were Yesterday's Actions by Central Banks, a Way t...
- Big Drop in Hedge Fund Exposure to Market in Q3
- ISM Manufacturing 52.7 vs Expectations of 51.5
- And There Goes Another of the Former Teflon Stocks...
- Official Chinese PMI Figures Confirms Last Week's ...
- Best Day Since March 2009
- Junk Stocks Leading, Not a Great Sign
- "Risk On", "Risk Off" Has Officially Jumped the Sh...
- ► 11/20 - 11/27(20)
- ► 11/13 - 11/20(30)
- ► 11/06 - 11/13(32)
- ► 10/30 - 11/06(30)
- ► 10/23 - 10/30(33)
- ► 10/16 - 10/23(30)
- ► 10/09 - 10/16(23)
- ► 10/02 - 10/09(30)
- ► 09/25 - 10/02(31)
- ► 09/18 - 09/25(30)
- ► 09/11 - 09/18(33)
- ► 09/04 - 09/11(27)
- ► 08/28 - 09/04(24)
- ► 08/21 - 08/28(35)
- ► 08/14 - 08/21(23)
- ► 08/07 - 08/14(28)
- ► 07/31 - 08/07(36)
- ► 07/24 - 07/31(21)
- ► 07/17 - 07/24(27)
- ► 07/10 - 07/17(21)
- ► 07/03 - 07/10(21)
- ► 06/26 - 07/03(25)
- ► 06/19 - 06/26(20)
- ► 06/12 - 06/19(30)
- ► 06/05 - 06/12(18)
- ► 05/29 - 06/05(29)
- ► 05/22 - 05/29(28)
- ► 05/15 - 05/22(29)
- ► 05/08 - 05/15(28)
- ► 05/01 - 05/08(30)
- ► 04/24 - 05/01(26)
- ► 04/17 - 04/24(28)
- ► 04/10 - 04/17(30)
- ► 04/03 - 04/10(26)
- ► 03/27 - 04/03(20)
- ► 03/20 - 03/27(12)
- ► 03/13 - 03/20(22)
- ► 03/06 - 03/13(29)
- ► 02/27 - 03/06(20)
- ► 02/20 - 02/27(19)
- ► 02/13 - 02/20(22)
- ► 02/06 - 02/13(29)
- ► 01/30 - 02/06(34)
- ► 01/23 - 01/30(29)
- ► 01/16 - 01/23(18)
- ► 01/09 - 01/16(21)
- ► 01/02 - 01/09(27)
-
►
12/11 - 12/18(11)
-
►
2010(1727)
- ► 12/26 - 01/02(10)
- ► 12/19 - 12/26(16)
- ► 12/12 - 12/19(29)
- ► 12/05 - 12/12(30)
- ► 11/28 - 12/05(44)
- ► 11/21 - 11/28(23)
- ► 11/14 - 11/21(39)
- ► 11/07 - 11/14(44)
- ► 10/31 - 11/07(45)
- ► 10/24 - 10/31(37)
- ► 10/17 - 10/24(42)
- ► 10/10 - 10/17(34)
- ► 10/03 - 10/10(45)
- ► 09/26 - 10/03(35)
- ► 09/19 - 09/26(42)
- ► 09/12 - 09/19(43)
- ► 09/05 - 09/12(28)
- ► 08/29 - 09/05(29)
- ► 08/22 - 08/29(24)
- ► 08/15 - 08/22(26)
- ► 08/08 - 08/15(32)
- ► 08/01 - 08/08(36)
- ► 07/25 - 08/01(35)
- ► 07/18 - 07/25(33)
- ► 07/11 - 07/18(35)
- ► 07/04 - 07/11(27)
- ► 06/27 - 07/04(37)
- ► 06/20 - 06/27(39)
- ► 06/13 - 06/20(37)
- ► 06/06 - 06/13(33)
- ► 05/30 - 06/06(28)
- ► 05/23 - 05/30(31)
- ► 05/16 - 05/23(41)
- ► 05/09 - 05/16(35)
- ► 05/02 - 05/09(34)
- ► 04/25 - 05/02(26)
- ► 04/18 - 04/25(22)
- ► 04/11 - 04/18(30)
- ► 04/04 - 04/11(25)
- ► 03/28 - 04/04(21)
- ► 03/21 - 03/28(35)
- ► 03/14 - 03/21(41)
- ► 03/07 - 03/14(40)
- ► 02/28 - 03/07(37)
- ► 02/21 - 02/28(25)
- ► 02/14 - 02/21(23)
- ► 02/07 - 02/14(33)
- ► 01/31 - 02/07(37)
- ► 01/24 - 01/31(45)
- ► 01/17 - 01/24(37)
- ► 01/10 - 01/17(37)
- ► 01/03 - 01/10(35)
-
►
2009(2099)
- ► 12/27 - 01/03(21)
- ► 12/20 - 12/27(33)
- ► 12/13 - 12/20(38)
- ► 12/06 - 12/13(38)
- ► 11/29 - 12/06(37)
- ► 11/22 - 11/29(26)
- ► 11/15 - 11/22(34)
- ► 11/08 - 11/15(38)
- ► 11/01 - 11/08(38)
- ► 10/25 - 11/01(48)
- ► 10/18 - 10/25(37)
- ► 10/11 - 10/18(40)
- ► 10/04 - 10/11(35)
- ► 09/27 - 10/04(41)
- ► 09/20 - 09/27(39)
- ► 09/13 - 09/20(35)
- ► 09/06 - 09/13(32)
- ► 08/30 - 09/06(32)
- ► 08/23 - 08/30(34)
- ► 08/16 - 08/23(36)
- ► 08/09 - 08/16(39)
- ► 08/02 - 08/09(40)
- ► 07/26 - 08/02(45)
- ► 07/19 - 07/26(45)
- ► 07/12 - 07/19(45)
- ► 07/05 - 07/12(40)
- ► 06/28 - 07/05(31)
- ► 06/21 - 06/28(37)
- ► 06/14 - 06/21(44)
- ► 06/07 - 06/14(42)
- ► 05/31 - 06/07(44)
- ► 05/24 - 05/31(39)
- ► 05/17 - 05/24(33)
- ► 05/10 - 05/17(39)
- ► 05/03 - 05/10(47)
- ► 04/26 - 05/03(45)
- ► 04/19 - 04/26(43)
- ► 04/12 - 04/19(40)
- ► 04/05 - 04/12(40)
- ► 03/29 - 04/05(40)
- ► 03/22 - 03/29(45)
- ► 03/15 - 03/22(45)
- ► 03/08 - 03/15(46)
- ► 03/01 - 03/08(49)
- ► 02/22 - 03/01(49)
- ► 02/15 - 02/22(45)
- ► 02/08 - 02/15(49)
- ► 02/01 - 02/08(49)
- ► 01/25 - 02/01(49)
- ► 01/18 - 01/25(38)
- ► 01/11 - 01/18(53)
- ► 01/04 - 01/11(52)
-
▼
2008(2199)
- ► 12/28 - 01/04(27)
- ► 12/21 - 12/28(25)
- ► 12/14 - 12/21(41)
- ► 12/07 - 12/14(39)
- ► 11/30 - 12/07(34)
- ► 11/23 - 11/30(31)
- ► 11/16 - 11/23(33)
- ► 11/09 - 11/16(33)
- ► 11/02 - 11/09(33)
- ► 10/26 - 11/02(43)
- ► 10/19 - 10/26(35)
- ► 10/12 - 10/19(34)
- ► 10/05 - 10/12(38)
- ► 09/28 - 10/05(40)
- ► 09/21 - 09/28(46)
- ► 09/14 - 09/21(52)
- ► 09/07 - 09/14(49)
- ► 08/31 - 09/07(36)
- ► 08/24 - 08/31(43)
- ► 08/17 - 08/24(48)
- ► 08/10 - 08/17(50)
- ► 08/03 - 08/10(46)
- ► 07/27 - 08/03(46)
-
▼
07/20 - 07/27(49)
- Government Ban on Naked Short Selling in 19 Financ...
- 'Rising Tide Growth' Performance vs Peers June Upd...
- The Dominant Animal
- Bookkeeping: 'Rising Tide' Performance Week 51
- WSJ: States Slammed by Tax Shortfalls
- Russian Stock Market Plunging
- Bookkeeping: Cutting Massey Energy (MEE)
- Bookkeeping: Reducing Cleveland Cliffs (CLF) to "H...
- Bookkeeping: Closing EOG Resources (EOG) and Encor...
- More Drama at the Cleveland Cliffs (CLF) Corral
- Diamond Offshore Drilling (DO) - Excellent, but Ma...
- NuVasiva (NUVA) - At what Price Growth? It Seems ...
- Chipotle Mexican Grill (CMG) - the Bear Gets Them ...
- Bookkeeping: Cash America (CSH) and EZCORP (EZPW) ...
- Bookkeeping: Closing Vale (RIO)
- Mortgage Rates Heading Near 7% -> Housing Rebound ...
- Bookkeeping: Cutting Back Gafisa (GFA) Sharply
- Mechel (MTL) Down 20% on Putin's Comments
- Kinross Gold (KGC) Buys Aurelian Resources
- Bookkeeping: Cutting Baidu.com (BIDU) on Gap Up
- Potash (POT) - The Beat Goes On
- 35 Stocks Financial Sector Mutual Funds are Mockin...
- Baidu.com (BIDU), Amazon.com (AMZN) - Party Like i...
- Poll of the Month - What Will You do on the Next C...
- Peabody Energy (BTU) Stellar Results - Who Cares
- Experts Tell Congress What I've Been Telling Blog ...
- Bookkeeping: Cutting Goldman Sachs (GS) Exposure
- A-Power Energy (APWR) Signs $300M Contract with Th...
- Bookkeeping: Closing Mechel (MTL)
- Bookkeeping: Closing Sterlite Industries (SLT) & D...
- Costco (COST) Warning & McDonalds (MCD) Continuing...
- American Express (AXP) Weakening
- Healthcare Companies that Start with the Letter "I...
- Things You Would of Never Said 8 Days Ago
- Amazon.com (AMZN) for Gamblers
- ICON (ICLR) - They Never Miss and Give Us a Chance...
- Bookkeping: Closing Ciena (CIEN)
- Bookkeeping: Adding to A-Power Energy (APWR)
- XTO Energy (XTO) Picks a Bad Day to Announce Earni...
- Bookkeeping: Raising Cash with Some Sales of Yingl...
- Jacobs Engineering Group Earnings
- Add Mervyn's to Our Growing Litany of Retailers He...
- FT.com: US Food Groups Plan Hefty Price Increases
- Catching Up with Manpower (MAN)
- It's Goldman Sachs World - We Just Live in It
- WSJ: Export Boom Fuels Factory Town's Revival
- Bevy of Earnings - Monday on Tap
- Bookkeeping: Weekly Changes to Fund Positions Week...
- Even Persian Gulf States, Sitting on Gobs of Oil, ...
- ► 07/13 - 07/20(48)
- ► 07/06 - 07/13(52)
- ► 06/29 - 07/06(42)
- ► 06/22 - 06/29(47)
- ► 06/15 - 06/22(41)
- ► 06/08 - 06/15(39)
- ► 06/01 - 06/08(36)
- ► 05/25 - 06/01(30)
- ► 05/18 - 05/25(39)
- ► 05/11 - 05/18(40)
- ► 05/04 - 05/11(41)
- ► 04/27 - 05/04(48)
- ► 04/20 - 04/27(44)
- ► 04/13 - 04/20(48)
- ► 04/06 - 04/13(41)
- ► 03/30 - 04/06(54)
- ► 03/23 - 03/30(41)
- ► 03/16 - 03/23(47)
- ► 03/09 - 03/16(32)
- ► 03/02 - 03/09(44)
- ► 02/24 - 03/02(54)
- ► 02/17 - 02/24(40)
- ► 02/10 - 02/17(57)
- ► 02/03 - 02/10(57)
- ► 01/27 - 02/03(49)
- ► 01/20 - 01/27(48)
- ► 01/13 - 01/20(46)
- ► 01/06 - 01/13(43)
-
►
2007(913)
- ► 12/30 - 01/06(33)
- ► 12/23 - 12/30(29)
- ► 12/16 - 12/23(39)
- ► 12/09 - 12/16(36)
- ► 12/02 - 12/09(33)
- ► 11/25 - 12/02(44)
- ► 11/18 - 11/25(25)
- ► 11/11 - 11/18(44)
- ► 11/04 - 11/11(54)
- ► 10/28 - 11/04(51)
- ► 10/21 - 10/28(57)
- ► 10/14 - 10/21(55)
- ► 10/07 - 10/14(57)
- ► 09/30 - 10/07(55)
- ► 09/23 - 09/30(41)
- ► 09/16 - 09/23(41)
- ► 09/09 - 09/16(37)
- ► 09/02 - 09/09(31)
- ► 08/26 - 09/02(44)
- ► 08/19 - 08/26(43)
- ► 08/12 - 08/19(37)
- ► 08/05 - 08/12(27)







12 comments:
A #3: Exhale
A #4: Dilute my Koolaid with the best cheap bourbon that I can still afford
I like your polls. But, again I have to offer another answer. #3 (oops, just noticed previous comment with #3 so..)
#4. I continually bought through the collapse as "it can't drop any longer!" seemed to rule my thoughts. Now I have no cash to buy the bounce and I'll just wait for 2010 to get back to even!
Thanks for bringing it up again!
Dad gum, make that #5!
sorry link; at least, I can say, this market has improved my "trigger speed" on the keyboard
:)
thanks for the laughs guys. Link I actually raised cash as you can see the past 48 hours - the question is - do I dare apply it. Every purchase I make the past 2 weeks is an immediate loss if it doesn't have the word "Financial" in it, so why bother for now.
Actually I just emailed a few people who have been doing very well over the long run and I am getting the same feedback across the board - July is shaping up to be their worst month in a long time. Ironic. Somewhere a bunch of financial sector mutual fund managers are finally able to drink Kool Aid in peace.
seriously - I don't buy the kitchen sink thesis; the odds are that in 3-4 weeks we are back on the down trend; if not, there will be time enough to reverse course [providing I take my time and layer my entries in the mean while]; just my take and what I am comfortable with
I am as loaded as everyone else with commodity stocks (4 years). Is it possible this is the turn and we have missed it. This move (financials) seems a lot stronger than the past ones and the fed is behind it. Sweating bullets here.
#1.. I'm back in.... I think this is a correction and commodities have a solid basis.(Financials.. Please!) .. However, it does my heart good to see everyone else taking it on the chin as well...Nice to know it's not just me... God! The number of times I've been stoppped out of RIO, And I hate to even look at CGMFX.... Geeze!
Thx jegan ;-)
The charts are a disaster. Every move I bought yesterday got pounded. One day reversal will be powerful but the next day follow through on VOLUME will be the sign for me. I was half in cash before monday. I missed half the bounce. Was 75% on tuesday, 100% yesterday and on my knees praying to the almighty for a good thursday cause as usual I am too early. I always get in a day or two too early. I have that sickening feeling in my stomach as if I am going to get pounded again today. I was up 30% for the YTD before the commodity melt down. I gave back 50% in the last two days. No I AM NOT DIVERSIFIED. POT reported an amazing quarter and raised, I am sure HF's will find something wrong with it. The pain the pain (not the plane the plane, Fantasy Island; reference for the younguns)
Correction: was 75% in on tuesday and 100% in as of yesterday, I have no mo dough
sliman if you believe the economy is coming back in 6-9 months, you missed the turn.
I don't believe that, so I don't feel like I missed any turn aside from the CNBC relief we finally got a rally turn.
Post a Comment