Posted on Mar 31, 2009 by in Letters

It is only a matter of time until commodities blow the next bubble.  DBA and DBC are two instruments which give the non futures investor a way to participate.  As such we should be keeping an eye on these so they don't sneak out of town under cover of night.  At the moment there are no buy signals here, and a slight downwave.  Sometimes we break the rules and buy before a breakout, because in cases like this the breakout is often explosive and getting on the rocket can be dicey.  We might stick a toe in if price gets to the lows.

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