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Archer-Daniels-Midland Company Message Board

  • xxj0431 xxj0431 May 3, 2006 6:08 PM Flag

    I hope longs will listen to my reason

    At least thinking about taking part of the profit off the table. I have no position in ADM, but I will start short it when the frenzy fades away, probably tomorrow.

    Today's ADM only reminds me what happened to AMD, AMD at $42 I was the only short that bashed the AMD YHOO board, that board was as ebulliently bullish as today's ADM board, almost no "sell" sentiment, I asked them, considering the well-established existing technology market, why all of a sudden, AMD, a company has been there for 20 years, was going to take substantial market share from Intel? My post was buried in numerous berating and mocking responses, today AMD was $33.27, I covered my shorts at $35, ironoically, AMD's earning was pretty good, what drove its shares down was people found AMD was not taking market share from Intel any more....

    I have a similar question to you, we used to see oil at $90, why all of a sudden,and until now, we came up the idea to make methoal the substitue of oil? this only reminds me the accounting scandal when Nasdaq at 1100, all of a sudden, the integrity of coporate america
    became dubious, everybody konws it they had been doing corrupt things long before the accounting scandals, why did it suddenly become an issue? I am a contrarian investor, the arising of these things only indicates the contrary, it may not happen right away, it will happen sooner or later...

    Crude oil tumbled $2 today, be prepared for a $5-10 drop next monday when UN meets for Iran, Iran might declare temporary( whatever the verbiage) suspension of its nuclear program minutes before the meeting.
    Crude oil rally started from $60 on speculation of geo-political tensions, at $75, why don't U think about take some off the table?????

    I posted the following in SUNW's board when it was $5.30:
    just trying to give you some reference in case.

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