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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (7543)1/30/2007 8:47:17 AM
From: Jon Koplik  Read Replies (3) | Respond to of 33421
 
Maybe when China goes "kaflooey," the price of copper will finally go where it "belongs" (?)

Jon.



To: robert b furman who wrote (7543)1/30/2007 9:07:40 AM
From: Elroy  Read Replies (1) | Respond to of 33421
 
True, but the problem with those stock "bubbles" is that they can go up 1,000% before the correction begins. 120% seems like a lot now, but if its another 60% up in '07 and 90% up in '08 and another 40% up in '09, the '06 120% move will seem like just the beginning that is was. Really hard to call timing in the bubbles.