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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (17745)8/15/2004 10:10:53 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 110194
 
I see how copper and oil are related, but it would seem that in theory we could continue to have an oil crisis without having big problems with copper. Just talking in general - not necessarily about the next few years.

Will check into PCU. Thanks. Had played PD, NXG, NTO and WHT for copper exposure before. Been checking on HUGO of late. Been comparing NTO and HUGO and it seem hands down that HUGO is the better value here (assuming equal political risk - which may be a very bad assumption). Your opinion?

PD looks like it may be breaking out of a pennant formation that would measure to around 87 to 88. Could still break down especially if markets head south in a big way, but I think it's more likely to break higher here.