Comments on Fund My Mutual Fund: Bookkeeping: Reversing the Fertilizer Sales

That's right Mark. Market always wants to punish ...

2008-07-09T13:14:00.000-04:00

That's right Mark. Market always wants to punish us because we all come to the market because of greed. Is greed, for lack of a better word, really "good" :-)

haha MOS is a lil bitch, it always breaks through ...

2008-07-09T12:59:00.000-04:00

haha MOS is a lil bitch, it always breaks through and then gets bought back up. makes zero sense but thats the pattern

I'm trying to hire a crystal ball. No responses y...

2008-07-09T12:39:00.000-04:00

I'm trying to hire a crystal ball. No responses yet to my Craigslist ad. :) They must be in huge demand.

Jerry you should buy now then right? Coal is not at its high, and its not at its low. Its in the middle eh? If you don't prefer either extreme.

Can't tell you where these names will be in 1 hour, 1 week or even 1 month (that's the crystal ball's job), but in 1 year I think we'll see some very significant gains. Some of the 2009 EPS figures I am getting to are startling me (in a good way).

Unfortunately we have a most wicked market to deal with, so I assume you might get another entry point - I am starting to get tired of trying to constantly work around the markets mood swings (by the hour it appears) - I think she still wants to punish us for some reason.

Mark, your mos play is not bad, that's why you are...

2008-07-09T12:33:00.000-04:00

Mark, your mos play is not bad, that's why you are still human, not a crystal ball ;-)

I really need to pick up a coal name. I have no guts to chase its high and no guts to buy the big dip either. ;-(

Gold trades in its own world, and its not a world ...

2008-07-09T12:22:00.000-04:00

Gold trades in its own world, and its not a world I am that proficient in. It is supposed to rally with inflation but it appears traders worldwide have replaced oil for gold for that function. So I can't give you a good answer. It seems to me, right now - gold does best when there is real panic in the air. But its inflation hedge has not been quite up to snuff since it peaked over $1000+ earlier this year.

I'll stick to coal and fertilizer because I know where earnings estimates are going with those - gold is more of a sentiment gauge. Sentiment is changing by the hour in this market with no memory of the last hour or day.

tradermarkYou get thumbs up for being able to relo...

2008-07-09T12:15:00.000-04:00

tradermark
You get thumbs up for being able to reload your positions even if the price is not "perfect." Due you think gold will brake to the upside soon.

that should read "in 09 will have to pay up"

2008-07-09T11:57:00.001-04:00

that should read "in 09 will have to pay up"

PI,CLF news should in theory be not so great for s...

2008-07-09T11:57:00.000-04:00

PI,
CLF news should in theory be not so great for steel stocks - i.e. their input costs are increasing . Unless they can continue to pass these costs to customers. I guess the theory is their customers can pay any price but we are seeing stories now of that not being true.

Wan,
Potash is in limited supply. There is so much to go around the world. You pay or you don't play. If a US farmer doesn't want to play, the Chinese govt will. China was late this year, playing hardball and India snuck in front of them and got their allocation. China did not get a full load and hence in 08 will have to really pay up.

It's a world of shortages. We are in a global competition. I cannot make that any more clear.

DBA down, MOS & POT up. Does it look right??

2008-07-09T11:52:00.000-04:00

DBA down, MOS & POT up. Does it look right??

whats up with Steel stocks.Is CLF the catalyst..ho...

2008-07-09T11:44:00.000-04:00

whats up with Steel stocks.Is CLF the catalyst..hope they come down

PI,I simply believe the fundamental story is so gr...

2008-07-09T11:11:00.000-04:00

PI,

I simply believe the fundamental story is so great that short of January type behavior (kitchen sink selloff) we won't get much better than the 50 day (I guess yesterday morning everyone said there was a panic in commodities - I did not 'feel it' because we were not down *that much*)

I really was hoping that $110 gap was going to fill since I was going to do a 6% stake right there. Should of scaled at least some around $120.

I continue to be amazed at these price increases and I'm probably among the biggest bulls out there. At some point they need to stop going up as farmers say no mas, but we have not reached that point yet. So earnings surprises can continue.

These names are STILL dirt cheap on 08/09 estimates. Thats the amazing thing. After such historic runs.

what I can say about MOS. same thing happened to m...

2008-07-09T11:04:00.000-04:00

what I can say about MOS. same thing happened to me. few days ago, I sold at 138..and waited for lower prices..damn this premarket thing kills us..dont get chance to buy lows..

again i bought at same price today where i sold it.(138).
i agree..50ma..buy dont sell..happened thrice in this year..