Commodities Still Falling And I’m On The Air

Commodities continued their slide today and there’s no reason to believe it won’t go until at least the end of the month (quarter).  Many hedge funds got long commodities as easy money.  When the selling started, everyone ran for the exits.  Hedge funds lock in gains at the end of a quarter because their pay is based purely on performance.  So, this sell off is likely to go on until the end of the quarter.  I’m hoping everyone takes their eye off the global growth story and we get in at even cheaper prices.  Emerging market stocks have been hammered and now commodities are following.  Hope you have cash to take advantage of some of this volatility.  I do and will.

I’ll be on the air tonight on the Biz Radio Network 1110 AM in Houston and 1360 in Dallas/Ft. Worth at 5:15 p.m. or on the web at www.bizradio.com .  Also, tomorrow I’ll be filling in on The MoneyMan Report from 5-6 p.m. CST.  Hope you’re listening. 

Have a great Easter weekend.

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1 Response to “Commodities Still Falling And I’m On The Air”


  1. 1 stacy March 20, 2008 at 5:10 pm

    thanks for the great information. i enjoy reading your thoughts & ideas, they are useful & i look for them daily.
    this was a great week, loved this volatility.
    enjoy this 3 day weekend.
    stacy


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