ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

To: Jacob Snyder who wrote (30877)	7/29/2021 6:17:09 AM
From: Jacob Snyder	1 Recommendation of 96624

IVPAF, COPX: schrts.co schrts.co Copper miners got close to their 2011 highs this year, and then retreated. I believe copper will be in short supply LT, so the LT trend for these miners should still be up. IVPAF has been in a $6.25-7.50 range for two months. Plan: buy at 6.25, buy more in increments if it goes lower. Sell some at 7.50, hold the rest till copper prices are high enough to cause substitution with aluminum. If I am wrong, and copper prices have peaked, then I will trade the range with half my position, and gradually lower my cost basis.

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