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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (935)	8/31/2001 8:49:10 AM
From: MetalTrader	Read Replies (1) \| Respond to of 36161

Re copper: for base metals in general Noranda. It's a more diverse metal group with early and late cyclers but has nice dividend to pay while waiting Freeport Mc. FCX Seems to have established an upward trend with a few tests since last Nov. It's gold and Copper. Nice chart with a base going back to '98. and of course PD for pure copper. If the oscillators are low and turning and the price above previous low I'll start regardless of the month. The current move up in Copper is nice but doesn't quite feel right. A squeeze maybe? Has the feeling of someone rearranging big positions, but I doubt they'll want it to run away already. mt