David Martin of Martin Fund Management recently posted this article on PBS Newshour:

I think it’s more about irrational market psychology for the time being. The world is not running out of cocoa right now. But people are panicking. It’s an opportunity for professional traders to take advantage of this rally because it is irrational and emotional. And generally in markets when there’s chaos, the guy who can weave through the market, see what’s happening, make sense of it, and quietly do what he thinks is the right thing and sit back and wait, the chaos does subside. There is order once again, contrary to public belief, and the relationships that we generally follow as professional traders do come back into balance.

Read the rest of the article here

Photo by Flickr user Manuel Ignacio.