I was hedging for Hurricane Dolly when buying DBA and MOO last week. Turns out Dolly wasn't as bad as people thought.
But LA earthquake (something I haven't expected) raises the price for food and agriculture.
This is a short term surge. I will dump some of them tomorrow.
The ETF market is so volatile that any player will become more and more opportunistic. This is especially controversial when most of the agriculture commodity ETFs surge upon bad weather news.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment