copper up ,up and away, page-41

MX,

Yippy - oil is now 71.11 (high of 71.21) and copper is 2.37 (high of 2.39). We should see more when the US market opens - assuming that they rally on the Chrysler news. This week should be quiet on the economic front - so any good news or catalysts would light up the fire works.

An amazing day - never expect our nervy market to put on such a show. Went through XJO 4000 like a hot knife.

We managed a good close - saw some last minutes dumping but people just buying up at 0.38-0.39 level.

Personally, find it strange people would be selling now when there is a 12 days window - unless you are rolling in the money and have a bearish view of the market.

JK5