So, the Foreclosure Prevention Act of 2008 passed the Senate today. Good news for the financials and home builders, who are up today. Everything else is seems to be down. I for one am down HUGE today. That's Ok. A lot of window dressing this week as well. I will let this run it's course and try to find some opportunities that are sure to come.

Ag and Energy is down. Good place to hunt for deals. HR-6 proposes to raise ethanol production to $9B gallons from $5.4B gallons for 2008. We will need a heckuva lot more corn to produce this. Corn needs lots of feritilizer. It is one of the most expensive crops to grow. Further, less acreage is devoted to wheat and other crops. Soybeans is the crop used to rotate with the corn, so I would expect soybeans acreage to increase in proportion to corn.