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Two Ways To Play: Commodities Down, Not Out


Strengthen your portfolio in good times and bad.

Bloomberg reports investor Mark Mobius says the selling in emerging-market stocks is overdone but may not be over. The executive of Templeton Asset Management, who oversees approximately $40 billion in emerging-market assets, said in an interview that sentiment globally is very bad, but demand in these nations continues to be robust.

"It's more a correction than a significant downturn in the commodities markets," he said.

Growth in the developing nations will continue at a very rapid pace even as investors anticipate downturns in the U.S.

To date, the MSCI Emerging Markets Index has dropped 28% since reaching its record last October while the Reuters/Jefferies CRB Commodities Index plunged 18% from a July record.

See Professor Ryan Krueger's column, Commodity Bull Run Not Over.

From the Bull Pen: Was the oil ETF (USO) a buy off of its 200 DMA ($88.40)? Bulls can continue to play the upside in that stock with sell-stops below that mark.

From the Bear Cave: We've talked about the China 25 index (FXI) before. Bears aren't fooled by last night's rally in the Asian markets and the stock remains in a perfect downtrend from November. Until it breaks that line (near $44), the negative sentiment continues.
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