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To: Attention Surplus Disorder
"The Chinese have badly exacerbated the copper situation, and I believe copper could lose $3."

Copper is at 3.20 now. Do you really think it can lose $3 and go down to 20 cents? (Honest question, not being a wise guy)

29 posted on 04/17/2013 9:00:47 AM PDT by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: Enterprise

http://market-ticker.org/akcs-www?post=219866&findnew#new

Better technical explanation than I can furnish. It’s headed there, whether it breaks $3, dunno.

What could take it there? There is a tremendous amount of NON-recognition of the financial condition of the world and an overestimation, IMO, of the world’s growth prospects. I also believe there is a lot of oversupply. Technically, the channel break is ominous.


33 posted on 04/17/2013 9:04:22 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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