Dow up 106 over night, copper up now back to US $3.30/LB…so looks good for a CDU up day? Dont think so..the sell side is too stacked with manipulators/shorters and to me currently it looks like we will score similar treatment to yesterday…we look like being pushed down again….unless of course if WM comes out with less of " we have found even more rich copper…" and more of " we have finally started the crusher and will be starting an early income stream because of it…"….that would really turn the tide…imho
The only plus I can see is at these current prices they are buying opportunities…again imho
CDU Price at posting:
$3.70 Sentiment: Buy Disclosure: Held