Sunday, March 2, 2008


I shorted MOO the agriculture etf on Wednesday around $59 .20 and took it home. I am am still short the name. Like everyone else I'm bullish on the group, but feel prices need to correct. A new one just came to my attention though ,and I will be doing some homework this weekend. It's JJG which is the I Path Grains Index. It is designed to reflect the performance of grains. It is composed of three futures contracts- corn, soybeans and wheat. I will be watching it for a short entry on any further rallies.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.