InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,134.00
(
0.59%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
80.91
(
0.12%
)
Bitcoin
69,073.15
(
1.96%
)
Post# of 173758
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

JustForFun7

Send PM Follow Ignore
Followers 18
Posts 1829
Boards Moderated 0
Alias Born 01/11/2004

JustForFun7

Re: cl001 post# 61938

Thursday, 01/04/2007 11:56:51 AM

Thursday, January 04, 2007 11:56:51 AM

Post# of 173758
CL001 - Base metals

I attribute the last couple of days more to profit taking after a wonderful 2006 than the drop in the price of copper.

Based on the continuing fundamentals and merger activity, I am expecting the pain to stop soon (but who knows).

The only other thing that bothers me is that the short position on many of the miners has grwon quite a bit in the last 2 months. I usually believe the smart money does shorting.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up