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grassferret
06-26-2006, 03:20 AM
One question: If the Fed raises rates again, will commodity prices rise or fall? Should I get out of EZM and TGB now or hold? :confused:

Mr. Ferret

NATHAN LLOYD
06-26-2006, 04:23 AM
If we could tell you that, we'd be really rich.

I'm expecting a commodity fall starting next Monay that could be pretty big. Everyone is talking about window dressing keeping them up until then.

Svenwulf
06-26-2006, 04:58 AM
.25 hike thursday is baked in i feel. Maybe you mean the next meeting. Either way it depends on how the promo machine spins BernaNke's subtext. Some commodity stocks are more vulnerable than others. Anything speculative/questionable will be taken out and shot on anything short of world peace. Solid, established companies should give longs a good place to add. Again, just how my rook ass sees it.

ps- reading that 5 day for ezm- is someone playing some games? Seems too good of a run for that light of volume, or do they just have a really tight float?

chinaman711
06-26-2006, 08:10 AM
Yep another .25 rate hike coming and the futures are up at 7am hmmmmmmmmmmm whats that tell you.