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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (28687)5/3/2005 11:57:04 PM
From: Taikun  Read Replies (1) | Respond to of 314067
 
You're kidding, right?

You mean, aside from the precipitous drop below the 200dma, the absoulte dearth of buyers, the seemingly endless string of negative MACD bars?

What is it with trades in PMs where buying at $3 and selling at $2.50 is a successful trade? Has this mentality leaked into the BMs also?

Looking at that chart, it is easy to forget, as Stephen O put it:

<The only sizeable copper mine to come on stream this year is Kansanshi, think of the total world production depleting existing mines.>