Tuesday, February 17, 2009
Agriculture had been a inflation hedge
Most of a the agricultural stocks were trading with gold, but now there is a fear that many overseas will not be able to afford food. This is not good for fertilizer, but I still think many of these names needed a slight pullback after a nice run. I hope you bought today, because there should be a pop in the names like POT and MON tomorrow. I also believe these are still good names long term (five years).
Labels:
agriculture,
commodity,
dow jones,
farming,
futures,
new york stock exchange,
stocks,
trading,
wall street
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