strongest chart in history of markets

Quote from FerdinandAlx:

Commodities and metals in particular have reversed this week. In the next four weeks I think we'll see a sharp correction.

Markets are reflexive which means that price trends reinforce themselves. Though at some point prices diverge too much with industrial reality and are no longer supported and sentiment changes quickly. You'll know sentiment is ripe for a changeover when the buying of "funds" is used as a base on which to forecast higher copper prices.

Seems to me that any market, even commodities, have the ability to make extraordinary moves outside the realm of what was once considered reasonable. What if prices were to double in the next six months? What would that do to all the funds that are, say, "all-in" short?
 
Quote from silk:

Strongest chart i've ever seen is the chart of copper inventories. Up every single day for months.

http://www.kitcometals.com/charts/lmewarehouse.html

The next strongest chart is the chart of copper price itself. As inventories go up, copper price never falls. Though has stopped going up as fast.

I've been short copper for about a month now and am down just a few cents.


Hi Silk,
are you still short in copper? Are you still trading stocks?
 
guys, any suggestion for a good copper broker in the UK?
I believe we are in for a massive reversal at around 3.34-3.36 and I would like to take a position.
Thanks!
 
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