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


To: mishedlo who wrote (22610)11/30/2004 7:29:33 AM
From: russwinter  Respond to of 110194
 
Very little left at 97,943 MT (LME and Comex) , although there has been a marked slowdown in drawdowns (appears to be about 25,000 a month) as businesses and users collapse throughout Asia.
Message 20799915
There is also 40 pounds of copper going into each new automobile, so if that is slowing down, would be a factor too.
story.news.yahoo.com
There has not been a significant supply response.

Need to keep a close eye on on the Train Wreck quickly wiping out activity, although I still lean towards the spike rather than a dwindle being the culprit for that. I still hold my NTO, and three fourths of my copper futures.