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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: Stephen O who wrote (1385)7/18/2002 12:17:59 PM
From: Robert Douglas   of 1643
 
Copper (LME) inventories down again today to 874 K tonnes.

That's a decline of about 100 in the last three months. At this rate, in 9 more months, inventories will be down to a level that could produce 90 cent copper, IMO.

I'm still hoping for a 70 cent entry, but don't know if I'll wait.
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