More reasons to love potash...posted
tonight..http://www.shanghaidaily.com/article/?id=366945&type=Business

yea i saw that, the 10 yr chart looks scary, very scary, it got under 200 about
two weeks ago i believe and if it gets there it starts to become attractive to
me, until then I'm not touching any ag name

Is POT immune from inflation - energy, shipping, materials, wages? I like POT -
just surprised that it's sitting so clean.

well pot proved me wrong when it pulled back from 224 (6/25) to 210 (7/7), but
then it proved me right when it went back to 228...my bet is for 6 months from
now so....pullbacks are expected to happen even though fundies are still
good....your a momentum trader....i am not....so my trading tendancies are
different than yours....which is fine, it's the different styles that make the
market go up and down.

ok, it's 18.39% from 241.62 (6/19) to 197.17 (7/8)

commodity stocks, solar stocks - these can be great momentum trades but I don't
hold these for long. Determine a stop to get out when its movement proves you're
wrong

if Macke grabs a crayola he's going to say the stock is in an uptrend and will
continue to do so until it breaks that. POT has bounced off the 50dma 5 times in
the past 52 weeks. Four of those times it spent less than 4 days below the 50.

It did have a correction, it moved from the high of 241 to below 200 in the past
month, a move down of 20%

right now it has something to prove, the volume on the past 3 up days was well
below avg volume

I wouldn't touch any of these momentum stocks in this bear market unless it was
a day trade

there is 2 ways to look at low p/e and high p/e.
low p/e...stock is cheap (undervalued) or traders not willing to pay up for
stock compared to peers.

high p/e...stock is expensive (overvalued) or traders willing to pay up for
stock compared to peers.

depends on eps and sometimes you can tell by watching the direction of the
peg...sometimes peg goes down as stock price increases and vise versa.

Noneoftheabove wrote below: "I don't understand the mentality of people who
prefer low PE stocks when it means that it is a company that is doing poorly and
has poor prospects. You pay with a high PE for growth. Compare the future PE to
the present."

I agree - for growth stocks in bull markets. Paying up for PE (for growth) is
akin to recruiting a hitter - the team pays more for a batter hitting .333 than
for one hitting .200

During a bear market though, there are many quality stocks selling at low PEs.
Also a lot of junk selling at low PE.

Value investors look for the quality selling at low PE. In both bear and bull
markets.

regardless of which fertilizer your playing...world bank thinks food will be
expensive til 2015....how do you make food expensive....by making the process of
making that food expensive....best of luck to us all.

One of the potash suppliers in Russia had their rail system out for a couple of
weeks...they supply about 10% of the worlds supply....as you know with the 8-K
of MOS last week..this might be sweet. position long IPI