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Wednesday, February 06, 2008

Back To The Farm

With the short-squeezes fading in the homebuilders and financials, the hot money has moved back to the farm:

PowerShares DB Agriculture Fund ETF

It may just be me, but this chart looks a wee bit topy. Agriculture has been hot, but nothing goes straight up forever. A painful lesson many learned with the "I can't lose" in dry bulk shippers recently.

Posted by Kirk at 12:12 PM in Charts | Bookmark | Feeds | Link |


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