Wt Agriculture Discussion Threads

[traderabc] 14/5/2009 13:32

Thanks for explaining the spikes, oh well, I'll just have to wait for the 8p, we will see it tradable sometime hopefully.

[andrewbaker] 13/5/2009 16:06

These spikes are technical and happen when the market makers adjust their prices to accommodate new price data. The bid drops or the offer jumps such that the mid-price causes a spike up or down, but the price you'll get buying or selling won't be as low as suggested nor the profit as high as hoped for!

[hazelton] 13/5/2009 13:52

I have asked a few questions about them but never really got any useful answers. They are very common for all sorts of ETCs and ETFs. I doubt they are tradeable as the spread widens a lot I think.

[lifechanger] 13/5/2009 07:19

i didn't watch this chart yesterday but similar happenings on LAGR where the spread widened massively through out the day (due to the bid falling) so unfortunately no, theyre not tradeable

[jgoold] 13/5/2009 06:52

These seem to show up frequently here. No idea what causes it but can get the heart going!

[traderabc] 12/5/2009 16:06

WTF!

Are these intraday spikes tradable? I fancy selling at 8, the chart says it got there twice today, can I get that price with a limit order?

[traderabc] 07/5/2009 23:15

Some interesting graphs, palm oil, seed and feed prices going up massively.

AGRI-FOOD THOUGHTS
by Ned W. Schmidt, CFA, CEBS
Schmidt Management Company
May 5, 2009

Sufficient time has passed since the joyful bursting of the hedge fund bubble to allow for us to begin to assess what is rising from the ashes, and what will not. We can be fairly confident that what went on before will not be what goes on next. Financial markets rarely repeat the same mistakes immediately. Enough time must pass to allow all to forget the previous transgressions. Technology stocks did not rise again to lead in the last run in the financial markets. Banks and finance companies will not lead in the next. Financial markets will be seeking out new themes. Investors need to dig around, perhaps in the dirt, for those next sets of investment ideas.

[juju43] 07/5/2009 09:03

looking good now

[traderabc] 06/5/2009 10:59

Almost into breakout territory, come on you softs!

(they are 'softs' aren't they?)

[jgoold] 05/5/2009 10:06

If it gets through and stays above 6.3 - 6.4 there is no real resistance until just under 8

[juju43] 05/5/2009 09:57

could break up soon as we clear this price plateau

[jgoold] 01/5/2009 16:12

Bob, thanks, I'll try again now that this is closing above 6.

[bobdouthwaite] 01/5/2009 15:28

jgoold, I've bought leveraged grains and sugar with no difficulty through Selftrade, but I haven't tried to buy LAGR.

[juju43] 01/5/2009 11:58

above 6.3 would be bullish - clear this congestion area

[jgoold] 15/4/2009 13:31

I just bought back into these after being out for a few months. I also tried to buy the leveraged version, LAGR, but coould not get a buy through HBOS - does anyone here own LAGR? If so how did you get them? thanks

[notanewmember2] 09/4/2009 19:45

I like RSI with volatile commodities.

[hazelton] 09/4/2009 08:56

Possibly livestock , industrial metals and oils on the turn too.

notanewmember2 , what sort of technical indicators do you favour ?

[notanewmember2] 08/4/2009 19:39

I think there is a turn date that is being banded abot the net, maybe mumbo jumbo,but it is April 20th. So some action to wait around for, coming soon.

[hazelton] 08/4/2009 06:49

Agree , AIGA , AIGS and AIGG showing similar structures. Its a shame that the pound has been getting stronger.

[notanewmember2] 07/4/2009 21:21

A nice double bottom if confirmed would neatly see us above 7

[andrewbaker] 03/3/2009 12:14

AIG are counterparty to all non-physical ETF Securiites ETF. The price of AIGA has come down pretty equal to the price of SAGR (the short version) going up, both of which reflect the prices of the soft commodities tracked. At this time these prices are going up and down without a clear direction but tending on the downside, so you could buy SAGR; selling AIGA or holding both to take profits on price changes within a rangebound environment, if that happens.

[traderabc] 02/3/2009 20:06

I think there is an AIG connection, they are bankrupt and they specialise in these sort of things, eg derivetives, etfs,and the like.

Looks like a retest of the lows is on the cards, I'm going to be bailing out at 4.50 with head wounds.

[juju43] 02/3/2009 16:20

this is grim - is there an AIG connection?

[andrewbaker] 02/3/2009 14:03

Took profit on SAGR (the short) a few days ago. It's gone back up since, but a profit's a profit, and can go back in anytime. Best if it drops below my sale price, but doesn't matter.

[notanewmember2] 02/3/2009 10:32

Are we going to bounce at some point? Should have really taken some profit - doh