Search results

  1. syswizard

    But what about copper ?

    I thought this was a really strange post on MarketWatch.com today. jim-chanos-short/ Huh ? How can mining be picking up ? Once the Ukrainian situation gets resolved, gold should plummet like crazy. So what are they mining ? Coal ? I don't think so....
  2. syswizard

    But what about copper ?

    see prior post: "Most of copper on 10 year chart is is a range of $2.50-$4.00"
  3. syswizard

    But what about copper ?

    Thanks much for the plug. It was a long journey, but in the end, the fundies ruled this market.
  4. syswizard

    But what about copper ?

    China’s role in copper’s collapse: Why investors should care
  5. syswizard

    But what about copper ?

    Copper flat this morning natch.....after the huge sell-off. Get this: LME Stock levels near all-time lows at 257,600 tons. Since we are getting close to the cost of production, it will be interesting to see if the miners are going to produce at a rate which raises the stock levels.
  6. syswizard

    But what about copper ?

    Decisive break of the $3.00 level. May at $2.96. Volatility should be picking up....we should wash-out around $2.85-$2.90. Then look for a bounce which should be shorted again. I think we could ultimately see $2.50-$2.60 for the May contract.
  7. syswizard

    But what about copper ?

    China data slams copper
  8. syswizard

    But what about copper ?

    Handle - very interesting. Patience is required for this market that apparently looks to be manipulated...or at least the numbers are !! LME Stock levels this morning: 269,000 tons - a new low. How can that be ? Spot LME copper indicated at $3.14/pound. Last week was a huge test of the $3.00...
  9. syswizard

    My breakout trade in copper - how can do better?

    Good luck. My experience with trailing stops is they result in a much worse % profitable trade figure. In other words, if you've backtested and have a 60% number, the application of a trailing stop strategy is likely to bring that down to something like 50%.
  10. syswizard

    Gartman says gold is going loooooower

    Go DUST !!! Up 5% today at 19 !!! DUST, DUST, he's our man, if he can't do it, no one can.
  11. syswizard

    Gartman says gold is going loooooower

    6-8 weeks ago, Gartman also said copper was going up. Check it out now.
  12. syswizard

    But what about copper ?

    Spot Copper Price Movement (2014-3-7) Mar 07, 2014 05:30 GMT Source: Shanghai Metals Market(SMM) SHANGHAI, Mar. 7 (SMM) – Spot copper was offered at discounts of RMB 80-160/mt in Shanghai on Friday. Traded prices were RMB 48,880-48,980/mt for standard-quality copper and RMB...
  13. syswizard

    But what about copper ?

    May copper near lows of the session !!! Down 13 cents. Wow, wow, wow..... (Hey Dennis Gartman - what do you think now ?)
  14. syswizard

    But what about copper ?

    Huge hit in the copper market today - down 10 cents on the CME !!!! +$2500 per contract for those who are short !!! Apparently there was no bailout for holders of Chaori bonds.
  15. syswizard

    But what about copper ?

    Copper miner's ETF (COPX) is almost back to 10 !!! This is a bet on a worldwide recovery.
  16. syswizard

    But what about copper ?

    Of course I have no idea who Wilson is or what scam you are referring to. I do know this: this is bad news for copper..... http://www.marketwatch.com/story/private-sector-hiring-remains-weak-hurt-by-weather-2014-03-05 The question is: when weather is removed from the effects, how strong is...
  17. syswizard

    But what about copper ?

    After yesterday's 4 cent rally, copper now flat. From the LME: 275,200 tons in stock. Are stock levels finally bottoming here ? Could be....stay tuned.
  18. syswizard

    But what about copper ?

    Wait ! Now up 2 cents on massive US Equity rally.
  19. syswizard

    But what about copper ?

    May contract down a penny this morning. LME stock levels steady at 273,725 tons. Low stocks still holding this weak market up.
  20. syswizard

    But what about copper ?

    May contract now flat. Reason: weak US Dollar. Emerging market countries have more buying power when the USD declines as copper is denominated in USD.
Back
Top