Comments on: Why I think this is only a correction

By: Jim Jubak

Jim Jubak — Wed, 04 Nov 2009 17:56:10 +0000

chapmame, when I left MSN Money and stated my own blog I had to decide what portfolios and lists that I’d created there I should recreate on the blog. Watch lists age quickly, especially in the midst of a 65% rally. So the return for recreating that list struck me as small. I’ll have a post in the next week or so looking at new developments in the smart grid and I’ll have something to way abouit Itron then.

By: Jim Jubak

Jim Jubak — Wed, 04 Nov 2009 17:53:35 +0000

sheba, Jim’s position on the MOO ETF is prety much what my position is on any ETF. If you like the sector AND you like the ETF portfolio, then it’s a great way to buy in to the sector with one buy. But the problem sometimes is that the market cap weighted ETF portfolio is crowded with the big names in the sector when you’d like exposure to some of the smaller companies. Here’s the MOO top 10 positions, for example:

Potash Corporation of Saskatchewan, Inc. 8.11%
Monsanto Company 8.00%
Wilmar International Limited 7.94%
Syngenta AG ADR 7.68%
The Mosaic Company 7.42%
Archer Daniels Midland Corporation 4.57%
Deere & Company 4.53%
Kubota Corporation 4.24%
Sociedad Quimica Y Minera De Chile SA ADR 4.09%
BRF – Brasil Foods SA ADR 3.98%
Percentage of holdings 60.56%

POT and Deere I love. Monsanto is currently a drag because of problems in its Roundup franchise. I’d rather own Yara than Mosaic.
YOu see what I mean? At some point you have decide if the low cost and convenience of the ETF is outwieghed by any problems with the portfolio. Your call.

By: YX

YX — Wed, 04 Nov 2009 15:37:14 +0000

That’s why I posted previously “Sit tight!”

By: npatel30

npatel30 — Wed, 04 Nov 2009 06:42:53 +0000

Hi Jim,

Keep up the good work.
There are a couple things going on right now that your average investors might not know about. First, market is way oversold, it hit close to march oversold levels and we all know what happened after that. But the current situation, I mean buffett made such a big m & a deal you would of figured the market would of been way up then it was, with the oversold condition. What I do know is the dollar short trade is overcrowded, the market seems to want to hit 1020 on the s and p in the short term before we resume any uptrend. That being said its all on the fed statement where I actually epect a suprise. Let me know your feedback Jim thanks niick

By: SPDTANIA

SPDTANIA — Wed, 04 Nov 2009 04:21:56 +0000

Hi Jim,

I think your conclusion is correct. But then I do believe that headwinds will grow stronger once the Fed gives clear signal to raise rates. Most probably they will be forced to do so to avoid another asset bubble instead of inflation fighting.

By the way, could you look into why some your posts do not show dates but only the time of posting.