Protein commodities have been very strong and this is a way of participating.

All of the metal stocks have come off sharply. Nickel probably has the worst fundamentals of the major commodities. Expect nickel to lag.

The government change has caused a panic overnight in India. The fear of the Communist party is probably unfounded. An overreaction.

Would not go near this company until there is real change.

Metal prices have gone parabolic, but feels that they will stay high for a long time once they stabilize.

Tend to favor oil stocks right now, especially internationally diversified companies.

Likes the longer-term outlook for pharmaceuticals. Historically, they have performed relatively well when interest rates are going up.