copper, page-16

Looks like copper is starting to head toward its recent lows. It may push lower this time!

I am short OXR at this time from $3.19 on monday when copper was approx $3.70. The copper price is shaping up for a decent exodus from those speculators. The realisation that the upward direction of copper is not a sure short-term play, has forced these players to think twice.