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Gold/Mining/Energy : Copper - analysis -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (1089)	1/15/2005 4:41:21 PM
From: Taikun	Read Replies (1) \| Respond to of 2131

Stephen, Here's a chart that would've given me an ulcer: stockcharts.com I don't own but was recommended on ROBTV Fri as better than Teck. Not a copper pureplay, but main focus copper and nickel, an undervalued mid-tier miner. falconbridge.com shareholder.com Anyone own this? D

To: Stephen O who wrote (1089)	1/15/2005 5:04:58 PM
From: jimsioi	Read Replies (2) \| Respond to of 2131

Gofer and Stephen O...Moly and Copper Gofer that article you referenced should indeed give Moly investors pause...the statement that there are easy substitutes for moly is questionable to me..I take with a big grain of salt the comments by Prudential metal analysts..That there are easy alloy substitutes for moly is not what I've heard..But the eye on moly that copper producers have can't be discounted...Exactly what Amerigo is doing... As for the Copper price...I see that MACD turning up, but there's a roof there at $1.40 it needs to get through...DMI is still negative with red over green, until that changes, and it will require $1.40 plus prices Copper is sideways at best. Agree, do wish the hedge funds would find something else to do...Suspect they are a way of life for investors ...for ever...I suspect at this time they are loading up more on the short side, figuring the dollar will firm and higher interest rates will slow economic growth...I see excesses to this line of thinking coming in late January. My copper chart stockcharts.com[h,a]dacayyay[pb50!b200][vc60][iUb14!Ll14!Le12,26,9]&pref=G For what it is worth BarCharts rates copper a rather weak buy, a sell short term... quote.barchart.com If you haven't already discovered Jay Gallemore's charts they are worth a review periodically...CRB is in trouble if it tips over and through 280...GOLD and Silver have very negative momentum, but basing trend indicator in Gold's case...suspect we'll see a lower low there and a divergent trend indicator as a prelude to the next up leg...Copper, falling trend indicator, negative and weak momentum, below moving average, a move below 137.50 and its in trouble... chartingyourfutures.com Again these charts don't look that great to me ... and really argue against a heavy weight in one's portfolio in precious and base metal miners, but one can't debate the great performance some are putting in....ARG and AUA have some ways to go to start emulating the leaders, however...