Corn and Heating Oil Thread Recovery

[traelin0]

thicknthin
Message #120 - 11/13/09 06:00 PM

A friend of mine invested into a Canadian mining co. a few years ago. They are currently mining in China and doing very well. His 10,000.00 investment has net him a five-fold return so far.....I`m tempted.

[Value Buy]

Trae is now a "full member".
I guess I will have to post away......

[traelin0]

ReformedDayTrade
Message #122 - 11/15/09 05:50 AM

Stay Put
Message #119 - 11/13/09 04:23 PM
I only take exception to those who attack and argue, when they know nothing or next to nothing about commodities, and base all of their attacks on either something that they heard, or think they know. These individuals are not grounded in either extensive research or real knowledge.

If you spend so much of your effort taking exception to those who attack and argue then why bother to keep visiting this message board or maybe these problems are not "Them" but "You"...

[traelin0]

traelin0
Message #123 - 04/05/10 11:42 AM

OK so did anyone buy the corn futures, and if so, how did they do if they're willing to share personal returns data?

[traelin0]

traelin0
Message #124 - 04/05/10 12:15 PM

Stay Put
Message #26 - 10/08/09 08:51 PM
Commodity options, like anything in life, can be a gamble. Following simple rules in the commodities market, however, is as close as you get to the "sure thing". Not everyone has the fortitude for commodities, stocks, real estate, or any other investment. Many people will tell you that real estate is one of the worst investments going, and this could not be further from the truth. Countless others will tell you that it is the absolute best place to put your money. So what is it that separates those two groups?...............Knowledge.

With respect to commodities being as close as you can get to a "sure thing", I'm not so sure. Now that we know that PMs are levered 100:1, would you call that a sure thing, to bet on paper gold? An ear of corn isn't an ear of corn unless it's in your physical possession, IMHO...and I'd eat it anyways, provided it's Silver Queen. Now if there is a shortage of good corn this year, I'll be blaming this board. ;D

www.zerohedge.com/article/former-goldman-commodities-research-analyst-confirms-lmba-otc-gold-market-paper-gold-ponzi

fofoa.blogspot.com/2010/03/1001.html

[traelin0]

alex2
Message #125 - 04/05/10 01:26 PM

Just keep burning up our food for fuel. Drill on land USA

[traelin0]

traelin0
Message #126 - 04/06/10 01:08 PM

Did anyone invest in corn futures or heating oil? Value-Boy??? RDT??? Corn is at 347 and change. How did this compare to last year? In the world of commodities, is it relevant or driven by seasonality, etc.?

[traelin0]

traelin0
Message #127 - 06/25/10 01:36 PM

I'll tell you what, if Stay Put made a fortune on corn futures, I'll be ticked that I didn't ride that wave!

[traelin0]

ReformedDayTrade
Message #128 - 06/25/10 01:44 PM

traelin0
Message #126 - 04/06/10 01:08 PM
Value-Boy??? RDT???

No but I did stay at a Holiday Inn three weeks ago in Boston and was nursing a huge corn on my right toe from walking and had someone step on my foot in a parade down memory lane...

[traelin0]

Rewnti
Message #129 - 06/25/10 01:44 PM

It is already down to less than a dime an ear by me in the stores.That is usually seen late in the season.

[traelin0]

traelin0
Message #130 - 06/25/10 06:52 PM

Rewnti
Message #129 - 06/25/10 01:44 PM
It is already down to less than a dime an ear by me in the stores.That is usually seen late in the season.

LOL I don't even know when you would invest in corn futures, as in the time of season, but I assume the Fall. I wish Stay Put would post on this thread to explain this stuff.

[traelin0]

Stay Put
Message #131 - 06/25/10 06:57 PM

traelin0
Message #127 - 06/25/10 01:36 PM
I'll tell you what, if Stay Put made a fortune on corn futures, I'll be ticked that I didn't ride that wave!

Again, I did not start this string to say "I told you so", but to try to help some people make some money. To answer your question trae, all I'll say is........... ;D

[traelin0]

traelin0
Message #132 - 06/25/10 07:47 PM

Stay Put
Message #131 - 06/25/10 06:57 PM
Again, I did not start this string to say "I told you so", but to try to help some people make some money. To answer your question trae, all I'll say is........... ;D

I don't even know how to buy corn futures, LOL. It's a completely separate division of the NYMEX than the COMEX (PMs), right?

[traelin0]

ReformedDayTrade
Message #133 - 06/25/10 07:54 PM

oots
Message #18 - 10/08/09 10:09 AM
Agreed RDT. I have been trading the grain and meat markets for 30 years. In all likelihood this is a bull trap in corn, Heating oil is not my expertise, but that one is like tossing a coin. If we an early cold late fall and early winter, heating oil will do fine, but if not your call will expire worthless.

Facts: Corn crop is behind due to late planting. Frost @ October 10 is normal, some damage will be done to the crop BUT yields are record this year. Harvest time is the weakest time of the year for cash corn and also futures. Look to sell Dec 09 corn between 370 to 375 with a minimal objective of 325. Weekly exports this morning were the weakest in many months. The grains and meats are subject to outside markets especially over the last 1 1/2 years. Stock market goes down, so will the grains and meats. The only way the grains will go higher in the near term is if the U.S. dollar really jolts to the downside thus the PERCEPTION of stronger exports down the road. Buying calls in corn has a probability of losing money in this scenario at about 80 to 90 %. Buying Corn calls is a poor trade. Heating oil calls are iffy at best. STAY CLEAR IF YOU ARE NOT FAMILIAR WITH THIS TYPE OF TRADING.

Trading commodities is not for the novice but as this post by oots details it is for those who are Commodities traders and live and breath these markets each and every day so they are up to date on any changes to the commodiities which are usually a quick trade by pros.

[traelin0]

Stay Put
Message #134 - 06/25/10 07:56 PM

Here's a couple of places that you can look at.

www.cmegroup.com

www.mrci.com/pdf/index.php

www2.barchart.com/mktcom.asp

[traelin0]

ReformedDayTrade
Message #135 - 06/25/10 08:03 PM

And here's another you can look at:



STAY CLEAR IF YOU ARE NOT FAMILIAR WITH THIS TYPE OF TRADING

[traelin0]

Stay Put
Message #136 - 06/25/10 08:54 PM

ReformedDayTrade
Message #135 - 06/25/10 08:03 PM
STAY CLEAR IF YOU ARE NOT FAMILIAR WITH THIS TYPE OF TRADING

And don't forget to look under your bed before you go to sleep.

[traelin0]

traelin0
Message #137 - 07/09/10 08:40 PM

Stay Put, you may find this interesting.

www.kitco.com/ind/Thomson/july072010.html

[traelin0]

Stay Put
Message #138 - 07/09/10 09:08 PM

traelinO, I do not follow Fibonacci, Gann lines, Stochastics..............the people who make money in those systems, are those that sell them to the general public. When any of those systems actually get it right, it is when even a blind man couldn't help but get it right. Say to yourself a thousand times; "Save for the governments total manipulation, Commodities are a matter of Supply and Demand." If ANYTHING threatens to affect either Supply or Demand, you will know how to invest accordingly. When you are done saying this a thousand times, say it another thousand, and then again, and again until it is seared in your brain.

[traelin0]

traelin0
Message #139 - 11/12/10 03:44 PM

I heard Russia isn't exporting anymore grains this year, is this true? Also, is this year shaping up to be a decent year for heating oil? It's not a commodity I follow religiously.

[traelin0]

traelin0
Message #140 - 11/12/10 04:17 PM

ReformedDayTrade
Message #133 - 06/25/10 07:54 PM
Trading commodities is not for the novice but as this post by oots details it is for those who are Commodities traders and live and breath these markets each and every day so they are up to date on any changes to the commodiities which are usually a quick trade by pros.

RDT, do you trade commodities futures at all?

[traelin0]

tough times do not last-- tough people do
Message #141 - 11/12/10 04:40 PM

Toughest thing in the world to trade. You have professionals who have made these markets their life's work on the other side of the trade and the futures contracts are wasting assets besides. And the traders know when you have to get out if you invest via ETFs.

Many intelligent people like commodities right now, but they still put the fear of God into me.

[traelin0]

traelin0
Message #142 - 12/20/10 02:07 PM

How are pork bellies doing? I know cotton has been doing well, but everyone needs swine, too.

[traelin0]

oots
Message #143 - 12/20/10 05:46 PM

traelin0
Message #142 - 12/20/10 02:07 PM
How are pork bellies doing? I know cotton has been doing well, but everyone needs swine, too.

Trae, pork bellies will probably be discontinued. There are 3 open contracts in the Feb. 11 contract, that's it. 3 longs/3 shorts. They are done.

Cotton made a new contract high today (March 11) @ 1.54 per pound. It was at $ 1.10 per pound the week before Thanksgiving. That's a $ 22,000 move per contract in 4 1/2 weeks. Swine probably should be sold for the 1st quarter of 2011. Weights are up about 3% from last year. That equates to a backlog for slaughter probably through April. The grains are on a tear to the upside and especially with dry conditions in Argentina they should go higher. This will make for higher pork and beef prices come summer and beyond.

The Fed's monetary policy has totally propped up the stock market. They want Americans to "feel richer" yet the FBI have been making arrests for insider trading over the last few weeks.

In order to trade the grains, the meats, cotton, sugar, OJ, etc. you have to keep your eyes glued to the stock market. If the stock market goes into sell off mode, all the above commodities will head south.

By the way, ONE HUGE POINT, China has 1.3 BILLION people. Ten years ago most of them were poorer than people living in U.S. ghettos. Their economy is on a tear to the upside and that means income and standards of living. That along with a weaker U.S. dollar, weather, etc. has revived commodities in the last 6 months. DANGEROUS, DANGEROUS game where fortunes can be made or lost in short period of time.

[traelin0]

AKA sanityjones
Message #144 - 12/20/10 06:15 PM

Traelin, (if you got this far) you da man. Now about the transfer of the economic collapse thread. LOL

[traelin0]

traelin0
Message #145 - 12/20/10 09:50 PM

Done. Now I always have a reference point for corn and heating oil. ;D

[traelin0]

Value-Buy
Message #146 - 12/20/10 09:54 PM

Trae, if this thread is the best we have to import to the new board, we are all in very deep trouble

There is absolutely no politics with it>

[traelin0]

Stay Put
Message #147 - 12/20/10 10:51 PM

Value-Buy
Message #146 - 12/20/10 09:54 PM
There is absolutely no politics with it

Hence, "Politics and the Markets". This thread was intended to be primarily about the markets part of this board.

[stayput]

I'd like to thank my biggest fan for this Oscar. Thank you "traelin0". Your persistence and attention to every conceivable detail has made this and my other Oscar possible. Without your unending hard work none of this would have come to pass.

[stayput]

What do the stars mean?