I've gotten some negative feedback from readers on the occasional nature of these posts. They are right; readers should expect some consistancy in posting. So starting now, I will post on a regular basis - every Monday. Normally this will be sometime during the day. If you check the blog on the Monday close, you will get the update. Sorry.
I'm still in the long natural gas trade, but barely. Since the last post, Dec. natgas has fallen from 8.78 to 8.43. Ugg. I'm giving it a bit more time.
I hedged my short in HGN7 with long in PCU. This has done great. HGN7 is only up a few cents since the short; PCU is up 20%! Go PCU.
I'm getting more bullish on sugar. I would start buying outright futures right here. Also, an activist investor has put on a position on both CSR and MSF. It is believed that he wants to combine the two. This would be a great outcome - we'll see.
The VIX has been my best trade in quite awhile. It is reaching a chart point where it might stall for awhile. If you were smart enough to have your position in the August, roll it forward. But don't take any off.
More to come.
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