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Strategies & Market Trends : Contrarian Investing

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From: schzammm	11/29/2006 11:36:39 AM
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Do not know if this qualifies but here is some food for thought. I haven't found much support for this idea so far but I continue to buy IPSU. My favorite conservative stock is ADM because the government has basically mandated higher grain price and AMD will be the prime beneficiary. If corn syrup prices are going to be higher, what about sugar. Also sugar is in demand for ethanol. IMHO a back door play is Imperial Sugar IPSU. So far it has not worked but March sugar is starting to rise and if energy prices continue to rise, ethanol demand will rise. IPSU has been trashed and looks like it might be building a reasonable base. stockcharts.com Message 23051254 Disclosure: 75% position at prices from $24.59-23.44

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