Comments on Fund My Mutual Fund: Quick Word about Commodities

3 comments, Mark:1) Ron Paul is not the only candi...

2008-04-29T19:56:00.000-04:00

3 comments, Mark:
1) Ron Paul is not the only candidate telling it like it is. Mike Gravel is also.
2) Nuclear is way too costly without government guarantees and externalized, socialized costs for thousands of years. Geothermal is far less costly and possible in many places in the US. Everyone forgets about it, but I believe it will be big, once the real costs of the alternatives is factored in. When the cool-aid stops flowing.
3) I'm enjoying reading your comments.

Michael,I bought RIO at these levels a few days ag...

2008-04-29T13:04:00.000-04:00

Michael,

I bought RIO at these levels a few days ago. I see downside to 35. If commodities sell off it wont be immune. Obviously as a 5 year play its a great story. I can't tell you where it will be next week or next month.

Sliman, thanks. I don't own YARIY but its been a great performer. I have 10% of my portfolio in fertilizer so I'm well represented. I think it is quite interchangeable with a lot of other names as a proxy for the group.

The more I read about Don Coxe the more I think he is like a parallel TraderMark ;) we have almost identical thoughts on many subjects, formed completely independently. Sort of strange.

tradermark,Thanks for your great website. I have b...

2008-04-29T12:29:00.000-04:00

tradermark,
Thanks for your great website. I have been a fan of Don Coxe for years. I own YARIY (Yara International). It is one of the worlds biggest fertilizer companies and yet it is hardly covered in the U.S press. I own POT, MOO and AGU also. Any thoughts on YARIY.
Thanks

What do you think about RIO under 37? I saw on the...

2008-04-29T12:26:00.000-04:00

What do you think about RIO under 37? I saw on the newswires about their new 10 year contract with Arcellor Mittal. Thanks.

Jeffrey,Thanks that is nice to hear about your pro...

2008-04-29T12:08:00.000-04:00

Jeffrey,

Thanks that is nice to hear about your profits.

I did buy some coal today, still hoping for lower prices in the ferts, but I already have a 10% allocation there. MOS @ $110, and POT in low $170s is still my hope :)

Just people taking some profits. With no deep stra...

2008-04-29T12:06:00.000-04:00

Just people taking some profits. With no deep strategy or sinister motives about it.

I am buying this dip.

Mark: Your prediction may be coming to pass as we ...

2008-04-29T11:56:00.000-04:00

Mark: Your prediction may be coming to pass as we speak. Check out the new Dow Jones newswire article entitled "Fertilizer Stocks look Ripe for Correction" which just crossed the tape at 11:45 this morning.

Yep, its a sure sign the correction is over! There are money mgrs there bemoaning that "POT and MOS and the like just cant keep going up forever, its a bubble, I tells ya!"

Glad I bought back this morning the fert and coal stocks I took profits on two weeks ago.

I also have to tell you that my portfolio results have improved markedly now that I ignore CNBC and MarketWatch and all those other dopey news outlets and just read and ponder the wisdom of Trader Mark. I mean it. Once I build up some more $$ inthe accounts, I will earmark some of it for you, good buddy!