Comments on Fund My Mutual Fund: NYTimes: Food is Gold, So Billions Invested in Far...

Oh ok, so since Cramer says 1200 then it must be.l...

2008-06-06T14:32:00.000-04:00

Oh ok, so since Cramer says 1200 then it must be.
lol

I sold gold (you can see the posts on Kinross Gold) and decided I'd rather use that money in hard assets that are absolutely necessary such as coal and fertilizer

so far thats been a perfect trade

SMN is a hedge yes. If it goes down that means the longs I have go up. Then at some point when commodities fall, it will provide some protection - its an insurance policy. Maybe it doesnt make sense to you but Im not really in the camp that oil goes to $200 without breaking the back of the world economy, so there will be reversals along the way. In fact, one could be coming within 1-3 weeks if past patterns are any indication.

wow, not even close to being overvalued. watch you...

2008-06-06T14:28:00.000-04:00

wow, not even close to being overvalued. watch your ipi, tho, double top. I will tell you when it breaks through
bought some uso today. hope over weekend, the war finally erupts in middle east..to get it going.
we are studying to become missionaries, so my fund is to help us get going in that direction. hopefully, Costa Rica, is where we will end up. I was professor of counseling until I broke neck, then a quad. SO my hobby/job is market. I spend all day here. I can walk and talk, and our goal is to get Brian through Liberty University *we are almost done! so we can move. but i lost a ton of money listening to someone..stockmarkettradealerts.com
I actually shorted POT lost alot!
He assumed it wll come down in summer for the election..lower food prices,e tc.
I don't see that happening now.
I am preparing for the Iran / Israel war. They are really threatening.
Why no gold in your portfolio?
Cramer says 1200 minimum.
I bought uso instead of gold as hedge.
I see you got smn.
Is that working?
That's so counterintuitive. It's your hedge, I suppose, but waste.
Maybe get into gold or abx.
with dividend.
Just thinking outloud.
Thanks for responding.
Dr. B

Its difficult to really predict when stocks will g...

2008-06-05T21:02:00.000-04:00

Its difficult to really predict when stocks will go or reverse. I bought coal thinking it was a 2nd half 08 or early 09 period when the market would recognize it, but it launched immediately. (actually been doing coal since last September, but increased the weight of late)

Every sector I own (except housing) I like for the long run - they just go through cycles when they go up and down. The dollar story is overblown - its an excuse for hedge funds to sell down commodities. Our dollar wont be recovering in any real manner until government decides it wont finance everything through debt and our entitlement programs are addressed. That said its been so devastated its due for some rally here in next 6 months at least 5% - maybe 10%. But to selloff commodities on that is a bit silly. But thats what the hedge funds do so you have to respect all those billions of dollar sloshing from 1 sector to another.

Fertilizer and coal is not even close to being overvalued on 09 and 10.

But that doesnt mean straight up (or down) in anything.

Last, I write a lot about the ECONOMY - the economy is very different for long times from the stock market. Further our ECONOMY is broken into pieces - certain segments doing great, certain very poorly - so even when I talk about the economy its "portions of it" that have the great risk.

Unfortunately the major portion at risk is the bottom half of our society

MarkLoved your article about the grain elevators.....

2008-06-05T20:55:00.000-04:00

Mark
Loved your article about the grain elevators...conagra...I emailed you that earlier..GOt it on cnbc. Just type in monsanto.
Hey, please write me re: commodities.
I own clf, mee, anr, and now bucy *Cramer talked about it tonight big time and had on CEO
Do you think that these are safe with the "rising " dollar?
I am so glad that you do this for us. YOure service is so much appreciated,however, you do scare me with your insights. I am watching my coals constant. Scared of the executioner. Do you think they are safe? Is it time to get back into oil companies? why do they go down so fast when oil corrects/
cramer said oil going to 150. I hate it, but it helps our stocks. YOu did great call on pot and ipi. I emailed you on that too, stating its in a bubble. Guess I was wrong.
IT is toppy, but broke through.
So did MON
I thought those would be good shorts for summer.

thanks!
MO

Hong, I answered that in the upper right margin in...

2008-06-05T16:08:00.000-04:00

Hong, I answered that in the upper right margin in the frequently asked questions

I'm going to close the blog (it won't be this one) just to investors at that time.

Mike, thanks. Usually by the time you see it on TV its about 2 months after the fact.

Too bad I was hedged today because all our long sectors were flying in a very shameless manner (up) ;)

I am here to take care of your money while you deal with your job and kids ;)

Mark, have enjoyed reading your blog, moreso than ...

2008-06-05T16:01:00.000-04:00

Mark, have enjoyed reading your blog, moreso than CNBC stuff (Fast/Mad Money). I am an investor of maybe 2 years, learning and loving this stuff. However with a hectic job and kids, its blogs like yours that tip me off to the bigger picture and trends that, by the time its on TV, its too late. I have small positions in AGU and MON already, and might add IPI as well.

Your work is appreciated.

Hey mark,When you start your fund, and I invest in...

2008-06-05T15:58:00.000-04:00

Hey mark,

When you start your fund, and I invest in your fund, are you still going to let us see your sweet blog?

Good call on POT, looks like broke out.

Thanks.

Next place to move the corporations is AFRICA

2008-06-05T15:18:00.000-04:00

Next place to move the corporations is AFRICA