ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (41623)	11/2/2021 2:52:44 PM
From: Sun Tzu	Read Replies (2) of 97412

If I am right in my long term outlook, commodities will be bleeding and underperforming till March-ish timeframe. After that we'll have to reassess. I used to have a large position in PDBC and UYM. I got rid of UYM in early June (should have done it in May, but I am not that prescient) and got rid of PDBC a few weeks ago before it peaked (sometimes I am prescient <g>). Anyways, BDRY is down almost 50% since I declared it a short candidate. This means either the ports are clearing up, in which case supply chain premiums evaporate, or that there is less demand, in which case the commodities will crash along with their producers.

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