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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (7112)	5/23/2001 5:40:02 PM
From: craig crawford	Read Replies (2) \| Respond to of 57684

You know one of the challenges for investors who want to buy stuff that's been in multi-decade bear markets is finding good information and ways to play. You can find gazillions of tech funds and lots of info on internet stocks, but you have to do some digging to find the best way to play commodities. That's why they are good long-term buys. No one follows them or gives a hoot. But that's where the opportunity lies. Just take a look at these coal related charts. quote.yahoo.com Look how most of them did nothing for years on end, then they just collapsed going into 2000. Most bear markets tend to end with a total collapse of final capitulation. That's why i'm not so sure gold is ready to go yet, and we may be just experiencing a bear market rally. I'm not sure the sell-off to 250 or so was enough of a mass capitulation. But I do think the bottom for gold is closer to 2 years away then 22 years away. It pays to start learning about it now just in case it is ready to go. There are mutual funds out there that invest in natural resources, but most of them are heavily skewed toward energy or metals. (not necessarily a bad thing lately, heh). I think the best strategy going forward is to start reading up all you can on all the different commodities & natural resources out there, and then learn about the futures markets. You can trade futures online just like stocks. I also think that you will need to get accustomed to buying stocks from other countries. I noticed all the ones you listed were US companies. Much of the world's natural resources exist outside of the US and so you have to start thinking global Commodities is such a broad term I'm not sure what direction you want to focus on, so I'm not sure what to recommend to you. I'm still learning this stuff too so it's the blind leading the blind. I am starting to amass quite a list of metals companies, and of course I've already mentioned some coal companies. (ACI, MEE, WTU, CNX, HDWR, BTU, etc). CCJ is a uranium stock that has gone ballistic due to the energy shortage. Here's one company that is well diversified in a number of metals. The only problem is they are a big company. Not a problem for most people but I'm a maverick trader (speculator?) who is not looking for big boring companies. I want small highly leveraged plays which can go up like internet stocks did. <g> quote.yahoo.com Rio Tinto PLC is an international natural resource company with substantial interests in copper, gold, iron ore, coal, aluminum and other raw materials throughout the world.