For a while now I was unable to see the forest for the trees. However, stuck as I was I took off a few days and gained fresh perspective, I hope not too late. You all should know that traditionally, cotton and copper have been strong leading economic indicators of the health of industry. I failed to recognize what weak cotton prices were telling us. Instead I was too focused upon the supply side of things and caught up in the competition for acreage thing (along with so many others). With grain prices so high, I felt it only a matter of time before we'd see demand surface and in turn serve to strengthen cotton prices.

Commodities continue to be on hold in terms of major directional moves while it too watches the socialization of America. We continue to expect commodities as a whole to resume the longer term uptrend. Bottom line continues to be the FED. creating more and more money every day and every time we have a crisis. Just like anything else, the more of something you have the less valuable it becomes. It is inevitable that the longer term direction for the Dollar is down. So we continue to buy dips in commodities that are priced in Dollars.

If the US Government is to bail-out various financial institutions including insurance companies, buying their toxic assets, as part of the package; a dramatic pay-cut for all executives needs to be part of that package. If your money, the
US government funds, are being used to buy- and steady these firms, we all become equity holders in the assets that being purchased. Thus, when these assets are sold, if they ever will be sold, they will bring a profit/loss to our government's balance sheets.

This week is one for the History books. You are seeing nothing less than the death of the "free market". You are, in real time, watching this country move towards true socialism. I am not commenting on where this is the right or wrong direction. I am simply pointing out that it IS happening! It is not the banks that are failing or flailing mind you. It is the very system itself that has failed. The very basic concept of banking itself is what we are seeing fail.

With turbulence striking the global markets investors are scrambling to find safer arena's to invest their monies. The credit crisis both home and abroad is claiming both long time Financial Institutions as well as the average home owner. Many Investors felt that the recent $40.00+ drop in Crude Oil was the "Light at the end of the tunnel" for the ailing U.S. Dollar.