PNA tends to follow what the DOW does overnight as per the Australian market. Copper at 3.15 is interesting considering the S&P futures are all in the red. Will be interesting to see what it opens up at. I do not like the look of copper stock levels, they are ridiculouslly high on the LME now - but who knows - are the Chinese playing games again with what is really going on - or is it a game of bluff and the market not buying it this time round? Very interesting battle going on - I am happy to sit it out for now to see what happens before my next play on PNA.
PNA Price at posting:
$2.55 Sentiment: None Disclosure: Not Held
