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October 27, 2010 – Here Come the Seventies Again

Featured Trades: (THE COMMODITIES BOOM) 1) Here Come the Seventies Again. Better drag your leisure suits, bell bottoms, and Bee Gee’s records out of the attic. The seventies are about to enjoy a comeback. The near universal run all commodities are enjoying now takes me back to that time in my youth when making money […]

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October 27, 2010 – India is Catching Up With China

Featured Trades: (INDIA VS CHINA), (FXI), (PIN), (INP), (TTM) iPath MSCI India ETN PowerShares India Portfolio ETF Wisdom Tree India Earnings Fund ETF 2) India is Catching Up With China. When I first visited Calcutta in 1976, 800,000 people were sleeping on the sidewalks, I was hauled everywhere by a very lean, barefoot rickshaw driver, […]

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October 27, 2010 – Is Exelon Building an Alternative Energy Conglomerate?

Featured Trades: (NUCLEAR POWER), (EXC), (CCJ) 3) Is Exelon Building an Alternative Energy Conglomerate? Exelon (EXC) popped up on my radar a few months ago, when it bought the wind energy business from John Deere (DE) for $900 million. The company plans to cash in on a national trend by states requiring their power companies […]

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October 26, 2010 – The Real Estate Market in 2030

Featured Trades: (THE HOUSING MARKET IN 2030) 1) The Real Estate Market in 2030. A number of analysts, and even some of those in the real estate industry, are finally coming around to the depressing conclusion that there will never be a recovery in residential real estate. Long time readers of this letter know too […]

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October 26, 2010 – The Long View of the US Economy

Featured Trades: (THE LONG VIEW OF THE US ECONOMY) 2) The Long View of the US Economy. The retirement of the baby boomers, and the reduced numbers and frugal spending patterns of Generation X, are not only bad news for the real estate market for the next 20 years, they are going to be a […]

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October 26, 2010 – How to Trade a “Lost Decade”

Featured Trades: (TRADING A 'LOST DECADE') 3) How to Trade a 'Lost Decade.' Having concluded that you should be selling rallies in the US markets, I would add the proviso that you shouldn't sell just yet. Counter trend rallies can last for years, and this time we have QEII on the side of the bulls, […]

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October 26, 2010 – The Monetization of Lumber

Featured Trades: (LUMBER), (WY), (CUT), (RYN) 4) The Monetization of Lumber. If you want to see how widespread the commodities boom has become, take a look at the lumber market, which has popped 47% since June. This is in the face of new home starts that are flat on their back, posting the worst numbers […]

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October 25, 2010 – Drinks With the President

Featured Trades: (DRINKS WITH THE PRESIDENT) 1) Drinks With the President. President Barrack Obama certainly arrives at a party like a rock star. Three silver GM Suburbans flanking an armored black Cadillac limo screech to a halt with lights flashing, and all of the roads in the immediate vicinity closed to traffic. A dozen sunglass […]

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October 25, 2010 – California Marijuana Industry Dreams May Go Up In Smoke

Featured Trades: (THE CALIFORNIA MARIJUANA INITIATIVE), (BUD), (DEO)   2) California Marijuana Industry Dreams May Go Up In Smoke. One issue to be decided on November 2 will be proposition 19, the latest effort to legalize marijuana in California. This is another one of those ‘Be careful what you wish for’ stories. Advocates claim that […]

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October 25, 2010 – Watch Rice For Clues to Corn

Featured Trades: (RICE), (CORN), (WHEAT), (SOYBEANS) 3) Watch Rice For Clues to Corn. Those wondering what to do about their ag positions better take a look at the contract for rough rice, which has skyrocketed by 50% since July to $14.50 a pound. Rice is the primary food stuff for 3 billion of the world’s […]

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October 25, 2010 – Quote of the Day

'Ten year government bonds yielding 2.5% are an accident waiting to happen,' said hedge fund legend Leon Cooperman of Omega Advisors.

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October 22, 2010 – The Mad Hedge Fund Trader’s Portland Strategy Luncheon

Featured Trades: (PORTLAND STRATEGY LUNCHEON) 2) The Mad Hedge Fund Trader’s Portland Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader’s semiannual Global Strategy Update, which I will be conducting in Portland, Oregon at 12:00 noon on Friday, November 26, 2010, the day after Thanksgiving. A three course lunch will be […]

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October 22, 2010 – Now It’s Peak Light

Featured Trades: (PEAK LIGHT), (THE FIBER OPTIC CABLE SHORTAGE) 3) Now It's Peak Light. Many of the big telecommunications investments of the last decade were made possible because the cost of long distance transmission was essentially free, thanks to the massive overbuilding that took place during the dotcom boom. That era may be coming to […]

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October 22, 2010 – The Euro is the New Canary in the Coal Mine

Featured Trades: (THE EURO AND GLOBAL RISK APPETITE), (FXE) 4) The Euro is the New Canary in the Coal Mine. Short term traders and long term investors should be keeping a laser like focus on the Euro/dollar exchange rate these days, as it has emerged as the canary in the coal mine for global risk […]

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October 21, 2010 – The True Cost of Oil

Featured Trades: (THE TRUE COST OF OIL), (NSANY), (PGE), (GM VOLT), (TESLA S-2), (MITSUBISHI iMiEV) 1) The True Cost of Oil. I received some questions last week on my recent solar pieces as to whether I minded paying more money for ‘green’ power. My answer is ‘hell no,’ and I’ll tell you why. My annual […]

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