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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (5037)	8/8/2022 3:09:58 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10661

Copper 4$ support failing was a data point that made me much more macro bearish. Along with falling PMI, inflation staying high, etc. I made money in the huge run up, and then trading the 4-4.8$ range. Now holding an underwater position, as I failed to get out when support broke. But if copper gets anywhere close to that old support line, I can exit profitably, and that’s what I will do. Otherwise I just hold. I still believe the LT story. Globally, EV sales are surging. Europe will accelerate their energy transition to wean from Russian fossil fuels. Surprisingly, the US is taking action, which is rare in an election year.