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Tuesday, April 6, 2010

THE PIGS MONDAY NIGHT PAINTED PIGGIES

THE PIG HAD SOME FRIENDS OVER TO THE STY TODAY. SAT AROUND IN THE SPRING SUN, DRINKING SOME BEER, (PIGS CAN DRINK BEER !) CHATTING ABOUT BARNYARD LIFE AND POLITICS. A MENTION WAS MADE REGARDING THE STATE OF MIND OF THE AVERAGE NORTH AMERICAN CITIZEN AND THEIR PENCHANT TOWARDS CONSUMERISM AND THE "GOTTA HAVE IT" GENERATION. THE PIG HAS MANY FRIENDS THAT ARE THE "KEEP UP WITH THE JONES" TYPE. THE PIG NEVER COTTONED ON TO THIS PARTICULAR PHILOSOPHY, MAINLY BECAUSE ITS RACE YOU CAN'T WIN.

THE PIG WAS ALWAYS A PAY CASH, BUY WHAT YOU NEED AND SAVE THE REST GUY. A SCOTTISH PIG YOU SAY ? NOPE, JUST FIGURED OUT THE WHOLE BANKING, MONEY, DEBT GAME LONG AGO AND NEVER WANTED TO EBA SLAVE TO THE BANK. NOW THIS NOT MEAN THE PIG WOULD NOT LOVED A NEW ESCALADE OR M CLASS SEDAN (YES !!! PIGS CAN DRIVE !), IT JUST MEANS HE NEVER WAS SUCKERED BY THE ALLURE OF THE BIG TICKET ITEMS. CAUSE IF THE PIG SPENDS IT, HE WON'T HAVE IT, AND THEN THE BANK WANTS TO LOAN IT, AND THEN YOU OWE IT, AND THEN YOU LOSE MORE OF IT TO THE BANK IN INTEREST AND................THE BANK WINS BECAUSE.......THEY NOW OWN YOU.

ON WITH THE SHOW.....


ARH.V...NOTHING LIKE A COLD SLAP IN THE FACE TO WAKE US UP. THE BIG SCANNER OF THE NIGHT, HAS ALL THE NUMBERS IN THE RIGHT PLACE. FIRST GLANCE SAYS WOW, SECOND SAYS WOW WOW. ACCUMULATION NUMBERS OBVIOUS, MOVING AVERAGES AND DISTRIBUTION ALREADY HIGH AND ON THE UPTURN. THE PIG FIGURES SOMETHINGS UP. MAYBE A GOOD SHORT TERMER FOR A FEW BUCKS. DOUBLE POSSIBLE. JUDGING BY THE NUMBERS.


NRK.V...SECOND BIG NUMBER PRODUCER OF THE NIGHT. NOTHING LIKE GETTING IN EARLY. NO STORY ON THIS FROM THE PIGS POINT OF VIEW BUT SOMETHING IS BREWIING. BIG CHANGE IN THE SENTIMENTS ON THE SCANNER FROM THE LAST TWO TRADING DAYS NUMBERS. MIGHT BE A GOOD TRADE IF LIQUIDITY BUILD BACK INTO IT. KEE A PIGS EYE ON IT....


SSA.V...THIRD HIGHEST SCANNER OF THE NIGHT. BIG JUMP TODAY FOR LITTLE REASON ? OR IOS THERE A BIG ONE. THE PIG SAYS THAT THIS IS A FINE EXAMPLE IN HOW HIS SCANNER WORKS BECAUSE THIS PIGLETS BEEN IN THE TOP 25 AND TOP 10 SCANS FOR THE LAST FEW WEEKS. CONFUSING THOUGH, SO THE PIG PAID LITTLE ATTENTION TO THE DETAILS. IT APPEARS SOMEONE LIKES THE DETAILS AND WANTED IN. MORE LIQUIDITY AND THE PIG WOULD CONSIDER BEING IN. WATCH AND WAIT. IF IT CONTINUES OKAY IF IT DIES, THEN YOUR NOT CAUGHT. YA GET THE PIG ?

THE PIGS HONORABLE MENTION......

NOT.V...APPEARS TO BE POISED TO MOVE. A PIG LONG TERM FAVORITE. IT HAS MANY PROPERTIES ITS WORKING AT PRESENT. THE RIGHT HIT AND AWAY SHE GOES. TAKE A GANDER.......

THE PIG GOES HMMMMM..........

Rentschler wrote in a note to clients earlier this week that buyers are "reverting back to their traditional buying habits." Prices of potash in the U.S. have edged up to $425-$450 per ton, which is the price range Rentschler said rekindles his enthusiasm for Potash Corp. in the near term.







Farmers cut back on potash purchases in 2009, which caused prices to plummet but sentiment for potash is improving as producers try to raise prices. On March 5, Canpotex, the exporter of Potash Corp., Mosaic and Agrium announced it was hiking its prices by $30 on potash sales which boosted prices above $400 a metric ton. Last month, another major potash exporter, Belarusian Potash Co., rised its prices by $25 a metric ton.






Potash is used heavily in agriculture and major markets for it are China, Brazil, India and the U.S. Rentschler, from Morgan Joseph, said that potash inventories are lean in China, India and Brazil and farmers there will likely be buying new supplies shortly.

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30 Years of experience in the markets, including some time as a broker.