tag:blogger.com,1999:blog-3310402797768514899.post7351830363880667147..comments2023-11-05T03:39:11.575-05:00Comments on The Technical Take: Copper: Market Top?Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3310402797768514899.post-8040079423981842622010-02-04T10:25:52.861-05:002010-02-04T10:25:52.861-05:00I have been wondering the high copper price while ...I have been wondering the high copper price while the LME inventory climbs to what is probably an all-time high. The value of the inventory is not very big, just 0.5 million tonnes * $6,000 = $3 billion. Quite little investment money for buying copper may affect the metal price substantially. The end result of the speculation should be a crash in copper price.<br /><br />--McTurskaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3310402797768514899.post-65066544555816881492010-02-03T18:48:30.958-05:002010-02-03T18:48:30.958-05:00Ironic that I just blogged about this from a funda...Ironic that I just blogged about this from a fundamental angle. Hopefully copper will have a nice bounce from this selloff and I can initiate some short positions<br /><br />http://merrillovermatter.blogspot.com/2009/12/how-many-more-days-until-copper.htmlGreg Merrillhttps://www.blogger.com/profile/01479219930098544266noreply@blogger.com