Commodities-What Now?

They are killing all things commodities and I am playing along to the music. I’m short steel, coal ags, and energy in one form or another. The open faucet of the first two hours has turned into a kind of drip now. The real question is whether they take them out back and really finish the job in the last 90 minutes–or will the bottom feeders come in and establish some bids.

I’m inclined to think they put them in the wood chipper. We’ll see.

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