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Politics : View from the Center and Left

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To: JohnM who wrote (61576)	4/24/2008 6:14:57 PM
From: Katelew	Read Replies (1) of 542471

Actually, John, I'm ready to bail on anything to do with farm commodities. I have a couple of positions that have almost doubled in 4 months...that's nuts....the top has got to be close. Long term, though, you might read up on PBR, Petrobras, the Brazilian state owned oil that Bob mentioned. They keep finding more and more HUGE oil pools offshore. Amazing. Oil long term will be strong is my guess. I bought PBR in January to replace some XOM I'd had forever. Plan to keep it in a LT portfolio even if oil prices back off from these levels. There are several commodity related ETFs. I don't buy those but lots do. Dale might know more about them. I'm no expert on commodities, or really anything, just a trend follower. :<)

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