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Agribusiness Sale

March 27, 2009 By: Mark Category: Investing

Sold shares of MarketVectors Agribusiness ETF (MOO) at $30. I bought the shares two weeks ago below $27 and wanted to take some profits. The market has been rising for the past two weeks consistently and I expect that there will be a near term pullback.

Purchases

March 14, 2009 By: Mark Category: Investing

Started a position in the MarketVectors Agribusiness ETF (MOO) @ $26.95 per share. This ETF will provide me with exposure to the agribusiness sector with holdings in Archer Daniels, Mosaic, Monsanto and Potash. I think that when the economy rebounds that agribusiness will be a high growth area. Investing in this ETF is easier for me than picking individual winners in the sector.

Bought more shares of General Electric (GE) at $9.50 yesterday.