I am being a bit tongue in cheek I do think copper bottomed early this year, did not expect the early rise in March to $2.30, not helpful IMO, rather just had my $2.2o April (another hung out prediction) and right too. The other bit of smoke IMO is long and constant warehouse net reductions IMHO which does not in the cycle, fit with the paper bets, or if you like 'sentiment' which will change with my secret ingredient, the hourglass.
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I am being a bit tongue in cheek ;) I do think copper bottomed...
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