GREY:NEVDQ - Post by User
Comment by
Traderfanon Feb 10, 2010 2:58pm
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Post# 16772145
RE: Copper to go over $4 according to analyst on B
RE: Copper to go over $4 according to analyst on BYou are right. These are all opinions and I have to form my own on it. That's the whole point. I did look up some facts and I'm a bit nervous about the copper price. That's all I'm saying. I don't believe 1 nor do I believe it will be over 3 in 3 months. Somewhere in between will probably be the truth. All I know is that copper inventories are worldwide at record levels and I also know once the market is going south more copper will be taken down with the market as you saw in the last 3 weeks.
That's all I know and these are the facts. All I'm saying is that if copper goes down more from here I will sell shares here. I still have 10% of my portfolio in this stock so obviously I'm a bit nervous about copper...... LOL