Fertilizer stocks � which had been cooling off following the massive rally two years ago � are now in play. Depending on when (and if) the current drought breaks, demand for fertilizer could pick up substantially � driving prices higher and further boosting stock prices for fertilizer producers. Potash Corp. (POT) has already bounced sharply off of an early June low, and may be setting up an attractive entry after slow drift into support. SPAM
good point,are the bernanke crew just moving selective parts of the market in their attempts too manipulate and are they taking cheaper and cheaper routes
Bulls gonna get tested on Friday. Might fail. We're going to press some shorts if the environment looks right (and right now it does).
Not sure how much direct manip is going on, I doubt Bernanke & co. are directing the purchase of stocks, but it's a sign of low money manager confidence when only the beaten down shit is catching bids. That's guys who have to be long, trying to figure out what they can buy that will hurt them the least.
the guys who have to be long..has "an election year" ever been so hyped and have we ever had an economy like this..let alone whether there is an election or not