A Bourse Diary

Thoughts on stocks, speculation and ... life

Wednesday, May 24, 2006

The sell off in commodities is still only in the headlines

A little bit astonishing all that headlines about sell off in commodities. We haven't seen anything yet. Oil is still trading at about $70, and the REUTERS CRB FUTURES PRICE INDEX ist still not far from its high.

We'll have to wait.

But all this screaming without an actual massive correction, is a little bit suspect. I feel, there is more to come - for the commodities and stocks. Downwards. But while the commodities seem to be a dangerous game, stocks are well founded. Think twice before you trade stocks short. And for a while the commodities could even surprise on the upside.

Disclaimer - I do not make recommendations to buy or sell securities - I just post my thoughts, trades and opinions. Please read the disclaimer text at the bottom of the site


Post a Comment

<< Home

Disclaimer: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and are in no way intended to serve as personal investing advice and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Readers should not make any investment decision without first conducting their own thorough due diligence. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. While the information provided is obtained from sources believed to be reliable, its accuracy or completeness cannot be guaranteed.