Anybody Like the Agriculture EFT (DBA) Here ? [SoftCommodities] - MarketTicker Forums


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User Info	Anybody Like the Agriculture EFT (DBA) Here ? in forum [SoftCommodities]
Yyb Posts: 4062 Incept: 2007-08-29 Silver State	PUSH ---------- "It takes courage to be a pig! Barton Piggs CNBC 9/15/09 2009-12-27 17:47:08 Permalink
Norseman Posts: 13973 Incept: 2008-02-25 Oregon Banned	Shoobedoowa wrote.. I don't have supporting data, so I know nothing about JJG, or how it's holdings are structured. I heard in an audio file that JJG holds only corn, wheat and soybeans. Quote: iPath Dow Jones AIG-Grains ETN (JJG) – The grains are considered a sub-sector to the agriculture and consequently there are not nearly as many to choose from when building a grains ETN. JJG is composed of only 3 commodities: soybeans (46%), Wheat (30%), and corn (24%). Recently it has been okay to be concentrated on three very hot commodities; since late October the ETN is up 31%. The two problems with JJG are the low average daily volume resulting in large spreads and the risk of being over concentrated. ---------- "The Free Markets are never wrong, only those who analyze them, including myself. If something is not developing as expected, it can never be the markets, only the failure to consider all the data impacting the market." Martin Armstrong Play the charts,they do not lie. Media and people do. 2009-12-28 21:47:12 Permalink
Steelpiston71 Posts: 4848 Incept: 2007-09-05 Michigan	DBA has made a move up since June, closing in on 26. This thing has been range bound between 21 and 29 for about 20 months. Is it finally going to break thru? ---------- "We have resolution authority under Frank/Dodd... How about we USE IT?" Karl Denninger, 10/07/10 on the Dylan Ratigan Show, MSNBC. 2010-07-29 10:33:20 Permalink
Goodlander Posts: 1353 Incept: 2007-10-02 winnipeg	Check what DBA is made up of now. Too diversified to get away too far any one direction in any sort of hurry. Holding soybeans and live hogs is a good hedge but I wonder about holding something like that together in an ETF. This one is likely to stay pretty range bound. COCOA FUTURE Mar10 N/A 12.38 COFFEE ''C'' FUTURE Mar10 N/A 11.49 CORN FUTURE DEC10 N/A 7.42 LEAN HOG FUTR FEB10 N/A 4.79 LEAN HOGS FUTURE Apr10 N/A 4.60 LIVE CATTLE FUTR Apr10 N/A 5.29 LIVE CATTLE FUTR FEB10 N/A 8.28 SOYBEAN FUTURE NOV10 N/A 8.22 SUGAR #11(WORLD) JUL10 N/A 15.72 WHEAT FUTURE(KCB) JUL10 N/A 6.23 EQUITY HOLDINGS ---------- Always drink upstream from the herd. 2010-07-29 11:12:15 Permalink
Livermore Posts: 2452 Incept: 2007-10-22 In a hole?? Quit digging.	Goodlander, Yeah, it doesn't surprise me. They need to set it up so the pros can fade the retail and not get caught. Single futures contracts are straight up risk, especially after being range bound for a while. You can't work a black box standard deviation on them like you probably can with this cauldron of crap. Main risk dollar moves and totally hedge-able. ---------- There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!--- Jesse Livermore, 1923 2010-07-29 13:01:42 Permalink
Goodlander Posts: 1353 Incept: 2007-10-02 winnipeg	As everyone pretty much knows I am a huge bull on food long term, I just don't really like DBA as a trading/investing instrument in it's revised form. Probably a gold mine for writing option contracts on. As liver indicated it is a stirred cauldron and I can find no formula's for where the weightings come from. A bit odd for a north american contract to have cocoa with almost the same weighting as corn and wheat put together. If that european cocoa "corner" goes bad DBA could take a hit, even if there are good basic foods fundamentals. ---------- Always drink upstream from the herd. 2010-07-29 14:11:24 Permalink
Rrman Posts: 6223 Incept: 2007-10-27 Baton Rouge, LA	hey Goodlander why do you think wheat has been rallying last few days the dollar going down? 2010-07-29 14:18:02 Permalink
Goodlander Posts: 1353 Incept: 2007-10-02 winnipeg	Wheat has outpaced bucky the last couple of days, wheat broke the resistance at 600. More here: http://tickerforum.org/akcs-www?post=142.... ---------- Always drink upstream from the herd. 2010-07-29 15:04:12 Permalink
Brushyourteeth Posts: 1402 Incept: 2009-09-02 State College, PA	I preferred when DBA was just the crops. Following the hogs and cattle is just a bit too much work for my liking, plus I've never followed contract rollovers for the guys. Now you'll only get any major upside in DBA if substantial price inflation occurs. ---------- "The only stance they've (our world leaders) ever known is to bend over in the shower!" 2010-07-29 17:49:14 Permalink

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