What will you be watching this week/strategies

[parsley]

Agreed CP it wasn't the smartest thing to do, but they shouldn't be funding their pockets in the first place with my money!!

[bluefargo]

Certainly it wasn,t the smartest thing to do. In fact it was dumb, dumb, dumb. Harper never did figure out how to work in a minority situation.

There is a lot of talk that this coalition is illegal. Thats simply not true and I'm surprised it hasn't happened sooner. The liberals and NDP are almost indistinquishable from each other. All it took was a little push from Harper.

The disturbing thing (amongst many disturbing things) is the role of the Bloc and the future havoc that may bring. But I suppose they are always lurking there like a big junkyard dog at the best of times.

And its looking more and more like I will never see a dual market in my lifetime.

Actually this will bring up the western seperatist ghost again. But until this idea gets a broader base of support other than from the far right it will never go anywhere.

[mustardman]

oh yeah that western separatist thing ought to really calm the markets.

Look Harpers is a f@#@$@$@@ who keeps poking people in the eye until they can't take it anylonger.
The long knives will be coming out and this time stevies gonna get poked.

[chuckChuck]

What a laugh bringing up western seperatism. The west has only a few generations of wealth based on alot of non-renewable resources. What then? Do you really think that seperation is a good long term strategy? What about all the wealth tranferred to the oil business? Was that a good use of your hard earned income lining the pockets of a relatively small number of Canadians? The rise in energy prices has been a driving force in this world wide recession. There is a tremendous amount of waste and innefficiency in the oil business. Consumers end up paying for it. The boom in effect created a tranfer of billions of dollars to western Canada, the middle east, and all the other producing regions of the world that make Dion's proposed carbon tax look puny. But that was business and we accepted it as market forces. How about seperating from our dependence on a dead end resource that will bankrupt the world economy. Don't you think it would be wise to invest in alternative energy supplies before we freeze our asses in the dark? No that would be socialism. Lets just wait for the market to decide for us.

[skhadenuf]

The real laugh is any body that is out there left thinking we can actually have a canadian government representing the entire country. Let's face it, it's east versus west and both sides will stoop to do anything to be in power and transfer money and development their way while screwing the other side.
What the hell do we need the east for, what are we getting from them of any value?????? they buy our oil cheaper at the pumps than we do out here where we produce, they have subsidized farm programs we could only dream of having, We'd be a hundred times better off the minute we're gone because we'd never be impeded by those leaches like the ones getting into power now.

[SASKFARMER3]

Jack Layton yesterday made me want to go through the radio and throttle the arrogant wimp. This deal was in the works when he was jetting around during the election in Quebec.
Lets see the three stooges.
Lets have an election again this time run a real campaign, we now have the three stooges against the rest of us. We will win and win big, the big looser is the stupid liberals for going along with the other two duds.

[Choice2U]

I've started to learn the Canola options market using calls/puts. Pretty basic stuff for several of your readers but relatively new to me. Bought a Nov Put in early June, made $49/Mt but sold it way to early as the market dived way more than we all suspected. Delivered canola off the combine in September and replaced tonnage with a $25/Mt call because I wanted to partake in any market rebound. This was obviously a mistake. Mid November, bought a $15 January Put to protect my product left in the bin. Sold some canola for cash flow but now sitting on a nice little profit on that Put as of this morning. Almost 80% sold on canola and am up significantly on my paper transactions. From what I gather, these can work very well in a volatile market....not so sure how they will work if the market doesn't move much. Some food for thought for those like me with room to grow in our marketing prowess.

[rook]

Choice2u - thanks for the post. I'm looking at that but so far too chicken. Are your options trading well - is there enough liquidity? Who are you trading with? Was it tough getting started?

thanks

[bucket]

I am watching the fertilizer price.

Currently 550/tonne 46-0-0 at herbert/reedlake pioneer.

Hoping it gets to 500 as i would like some for tax deductions. 500 still is a good price as the majority of downside is gone and the upside potential is greater. By dropping from 900 to 500 thats 40000 not coming out of the operation for every 100 tonnes. If it drops another 100 its only 10000 per 100 tonnes. Too bad bankers don't understand this logic.

[TOM4CWB]

Choice2U,

If you are actually satisfied with the value your Puts have gained... Instead of excersing your put... Just go long instead.

This turns the Put you had into an artifical call! The long postion pays you if the market rises... and the put covers the long position IF the market falls.