Fast Money's Commodity Sell Off Trade
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Created by barrons2
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Date updated:07-09-2008

Corn and soybean prices tumbled Monday, falling the maximum allowed limit on expectations that warm, dry weather in the Midwest will help crops recover from last month's floods and ease supply concerns. Other commodities traded sharply lower in a sell-off led by crude oil, which lost more than $4 a barrel. Gold, silver, copper and other energy futures all fell. What is the trade?

symbol name last price % change open
  • +
  • POT
    Potash Cp Saskatc
  • $116.59
  • +3.71%
  • $114.28

Monday's sell-off gives you a shot at Potash (POT), counters Jeff Macke. I say play it on the long-side with a stop at $205.

People owning POT also tend to own: ABKBBDCFCDEFCXFREFWLT

TheStreet.com Rating: B- What is this?

  • +
  • ANR
    Alpha Natural Res
  • $37.59
  • +1.59%
  • $37.83

Alpha Natural (ANR) and Walter Industries (WLT) are worth looking at in a pull back, says Pete najarian. But make sure to also buy put protection.

People owning ANR also tend to own: AAPLEPGSHDMOPMRIMM

TheStreet.com Rating: C+ What is this?

  • +
  • WLT
    Walter Energy
  • $69.78
  • +1.72%
  • $69.66

Alpha Natural (ANR) and Walter Industries (WLT) are worth looking at in a pull back, says Pete najarian. But make sure to also buy put protection.

People owning WLT also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: B- What is this?

  • +
  • PCX
    Patriot Coal Corp
  • $12.62
  • 0.00%
  • $N/A

And keep an eye on Patriot Coal (PCX) Najarian counsels.

People owning PCX also tend to own: ACHAMZNBRKBBTUCHLCMDELL

TheStreet.com Rating: D- What is this?

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Q. Goldman (GS) has pulled back ove...
12.02.09 | 14:41 PM Asked by DogBones

A. the trade looks decent here, almost put
it on myself. perhaps tomorrow i will.
for my own way of trading id stop out
below 163

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