Tufar on Finance and Economy

Contemplations on Finance and Economy

Rotation Into Energy and Agriculture

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My positions are emerging out of negative territory. Surprisingly, energy and ag. sectors are rising up again. I have orders to close positions at break even. I am reluctant to take any bets now. I want to close all of my positions and take a breather after my huge loss in July.

(BUCY: 61.11 +0.51%, 50-day: 53.13, 200-day: 59.01, short ratio 1.60, 1yr target: 79.53) position closed at break even.

Written by Nicolæ Tufar

July 30th, 2008 at 12:33 pm

Posted in Markets