i wish i knew how short sell, page-4

One of the reasons RIO is going up so fast is the short covering from people who thought it had already gone up too far.

I can tell you, medium term, its still got a lot further to go. All as you will see for the next little while is consolidation and retracements as it makes higher highs.

I took some profits at the peak today, but I've just bought back what I sold on intraday retracement.

Copper reserves at the London Metal Exchange have fallen 27% over the past two months, whilst the price of copper has consolidated at higher levels. Copper is about to hit record highs again.