FM forcastof course nobody knows exactely what will happen otherwise we will be billionaire by now, but the general expectation is that copper and FM will go down anytime soon, i said expectation. that being said, today volume said it all, Copper was holding better than any base metal today, but except for RIO every copper miner was/is red, and for FM too look at today volume 4M, we did half of the day with less than 2M, for a stock that usually trade 2M in the first 5 min,
i did buy few today at 10.01and got bored and tired sold it at 10.09. of course regretted it ... but
we will see by the end of the week what will happen, as long as it doesnt go down i dont see it rallying because the volume wont be there, most people wont just buy at 10+ knowing that copper is near the year high, and at this point there is more chance that it goes down than up.....