Friday massive, back up the truck

Interesting day and week really in the markets, bear rally continues in main indices. I am reviewing short opps in internet stock Amazon and long commodities – the softs. On the commodities first – set the background – oil chart since 2000. Well, to me, it looks like a spike which could retrace to $80 [...]

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Commoditize your portfolio…

From now on, due to time pressures I will have to post only on Friday a review of the week, and Sunday for a general Big Picture, “Kitchen Cabinet” overview. Update on Coffee, well, letting profits run on this one, as it didn’t want to get stopped out in the week when I tightened stops. [...]

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Coffee spike on the horizon?

Although this chart is a couple of years old now it illustrates nicely the potential upside in NY Coffee (Arabica contract) – the aim is to catch this as it breaks over 14000 (now trading in the range 13000 to 14000) – when I’ll scale in the rest of the 15 unit position. The path [...]

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Sunday Big Picture review Jan 2008

This is my first Sunday Big Picture review and I want to focus on the general state of the markets as we come to the end of a traumatic (for some) first month of 2008. One of my favourite sites for stock market commentary is Zealllc.com as the chap who writes there (Adam Hamilton) lives [...]

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Taking a hard look at Coffee

Setting the scene – the chart is of the Dow Jones Soft Commodities Index. You can see it has had a downtrend for the last 18 months or so and looks to be setting up for a new move upwards. This is the general market condition supporting my view that coffee, one of the so [...]

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