You really in Shanghai ?......
Then send us their charts please !
nobody givin me karma for my calls on monsanto and potash?? tsk tsk.. whers the pat your own back smiley face thing when i need it.
while nowwhat has like 100 karma for his detailed analysis. just saying.. not that it really matters.
I actually like his charts sometimes just he lacks explanation.
important week as MOS reports tuesday. No guesses here but Monsanto's earnings hinted at some increased demand for ferts..
Id love to see POT break 46 and test resistance of 48 this week.
only 10% move, not too crazy
If bad numbers, then 42 is next stop then 40
Fert orders out of India is highly anticipated as well.
I like the new update to pictures btw
POT poked its head right above that trendline. I hope it doesnt respect it and breaks above. Id like to see it at least touch 47. Give my august calls a little love!
Corn broke above 790 which is past the 4 year high back to 2008. It aint stopping boys.
Its not a fake lifting of prices. Its supply and demand.. Theres not much supply right now so price goes up. There is even talk about cutting back on ethanol production as there
may not be enough to do both feed cattle and produce ethanol.
When rains do come is probably too late for the worst areas. Corn prices have not topped out yet IMO.
Still demand for Potash in south america and china. Also the southern states can do a late 2nd harvest so they will need fertz to do that.
Another thing going for POT is potential for dividend increase or stock buyback just like MOS did. And its possible to have increased guidance before earnings like AGU just did..