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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (22)5/31/2001 2:25:04 PM
From: Wildstar  Read Replies (1) | Respond to of 1643
 
It would seem that a good way to play this is to buy a commodity related stock that has a high dividend yield, so that while we are waiting for the bull market in commodities to take hold, we at least get a decent return on our investments.

What do you think of WTU? Its div yield is about 20%. It seems like a decent buy if it goes back down to ~$12 at which time its PE would be ~10 and the yield would be even higher.



To: craig crawford who wrote (22)5/31/2001 2:25:59 PM
From: John Pitera  Read Replies (2) | Respond to of 1643
 
Excellent Post Craig, we're on the same wavelength.

along the lines of secular commodity bull markets to come I highly recommend Stanley Kroll's book.

" On Futures Trading Strategies" 1988.

He emphasizes getting into trending markets for big moves as well as discipline and money management.

He talks about a soybean position where he was short for 15 months as the market was trending lower.

It's a very insightful book, on trading with a big picture perspective.

John