MOO - time to get long?

Discussion in 'Commodity Futures' started by TheCaymanIsland, Dec 1, 2008.

  1. TheCaymanIsland

    TheCaymanIsland

    do you guys think MOO is a great long term buy?
     
    #1     Dec 1, 2008
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  2. murray t turtle

    murray t turtle

    =============
    CI;
    Not just yet, i liked that & that sector during its last good uptrend;
    MOS just reported fertilizer sales exspected down next 2 quarters.

    Pilgrims Pride just declared BK;
    forner CEO had a stroke/died last DEC 2007
     
    #2     Dec 1, 2008
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  3. murray t turtle

    murray t turtle

    Hay Cay;
    That underlying sector is one favorite of favorites;
    it could go to $10 or lower but long term , you may want to start scaling in, over a period of months.

    If you like longs in a bear trend]:cool:
     
    #3     Dec 9, 2008
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  4. TheCaymanIsland

    TheCaymanIsland

    Hi Murray, I think I'm going to sell downside puts in MOO and if I get assigned, I'll be happy to go long at that price. Also selling downside in MOS.
     
    #4     Dec 9, 2008
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