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Not an official $$$MR. MARKET$$$ trade...but I just figured it was on sale...your thoughts?
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I am HUGE! Bring me your finest meats and cheeses.
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Mr.Market,
I bought DBA. The chart comparison for the past 5 days is interesting. In the long run it will work out as it has for every crisis I can remember. Sometimes the recovery is surprisingly swift.
-----------billy -
I love the idea. What time frame do you guys think before it gets back to that $11.00 area?Best,
Steel
It's time to Grab the Bull by the Horns!Comment
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Ha ha..got mine at 9.47...loving my profits already at 9.89! Never knew I was such a good day trader. I am HUGE!=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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The DBA fund is weighted in strength of these ag commodities in order:
Corn, soybeans, sugar, live cattle, cocoa, coffee, lean hogs, and wheat. Balance is recalibrated each November. I thought world demand would be strong before this crisis. It can only increase from this point. So why was it down today? Mass panic is my explanation. When in doubt, sell everything.
-----------billyComment
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Billy
Are you buying DBA options?Comment
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Wooish,
No, I don't do options.
----------billyComment
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I'm out at 9.89. Not a bad day's work.=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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nice profit taking...u beat the marketComment
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options
Wooish,
What are you thinking for DBA options?Best,
Steel
It's time to Grab the Bull by the Horns!Comment
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