Stll haven't sold the other half of my position, but I will on a close below $130.
And if the dollar corrects, commodities could really take off.
Floods, droughts, maybe both, who knows. Get you JJG & DBA while it's cheap, like now. Could be very profitable later.
If Ag turns around, AGCO should do OK but probbaly bigger % gains in DBA, JJG, POT, MOS, CORN. All are really beaten down.
That would be nice. Also have some calls in XON, another lottery ticket with a real good story.
Debt to equity ratio of 100 is way too high imho. Pay the debt down would be my advise.
In the long run, would make the co. stronger. Debt is too big.
Also concerned by very negative article on bonds by Randall Fortsyth in latest Barron's (Feb. 8) "Up and Down Wall Street" column.
Also a concern--even in the worst of the 2008/09 crash, TLT never was this high. Due for a pause perhaps?
If it trades below $130, will sell the rest.