Stocks & Commodities V. 24:9 (61): Futures For You by Dan OíNeil
INSIDE THE FUTURES WORLD
Want to learn how the futures markets really work? Dan OíNeil, a principal at online futures and forex broker XPRESSTRADE (www.xpresstrade.com), responds to
your questions about todayís futures markets. To submit a question, post your question to our website at http://Message-Boards.Traders.com. Answers will be
posted there, and selected questions will appear in a future issue of S&C.
Many commodity markets have enjoyed fabulous bull runs. More recently, though, the rallies have sputtered, and some prices have fallen back to Earth. Was this a commodities bubble, and are we near the end of the boom?
Nobody likes to hold on too long in any market thatís heading down. Yet without getting into any specific price
forecasts, I would say that investors rethinking the viability of commodities in light of recent downturns in a few signature markets would do well to look at the big picture and consider this actually might be the right time to buy.
Of course, to begin with, thereís no sense in trying to deny it. For all of the congratulations that many major commodities have enjoyed from traders over the past couple of years amid sharply rising prices, itís only fair to accept the converse when the bull appears to have