copper 1.99usd/lb, page-27

Elroy,

Watergirl appears to have separated from the flock, a couple of days out of phase with the market.

I don't get any daytraders forum that you were talking about switching off (except the whole bl**dy lot somedays)??

Well if poc stays above 200, I fear we will see new 09 highs within days. Not entirely healthy, will become obese on roast lamb with some very good Central Otago Pinot Noir. I must listen caefully for next time the stoploss chatter level rises on hc.

I'd hate to see Monday night spoil our party, but I have a feeling this rally still has legs, and that just perhaps poc settles in the high 100's or higher when we do get that inevitable wave of pessimism again.

I am not going to complain either if our leaders decide to hedge half our copper out a year or so. Certainty of a mini bonanza is better than a the greed of chasing maximuim profit potential. Perhaps some hedging further out to underwrite the 10 ktpa expansion expense and getting on with it too would be great too.

EL