Copper Bull Move

Buy copper now its going to explode to 3000 on Chinese accumulation - they have started already by putting a bottom in the market - they are accumulating cheap for stockpiling to use after this recession -

 

Hi Shagi,
need litlle help from you.
The Copper you advise to go long, you trade Options?

I trade Futures only so what would it be in Futures the HG May contract?

Thanks

Gul

 

No not options - Its HG K9 , May futures contract traded at Nymex via Globex platform

 

Thanks Shagi,
will have a look at it.

 

Loaded up some copper today - watch it fly as it breaks 1700 above the last 7 days trading range - in the next 2 sessions

 

Hi Shagi,
I went long 1.65 area.

Hope it shoots quick!

Good luck

Gul

 

Its a one way street trade - the masses are dozing

 

Is there an ETF that tracks copper? DBB is the closest I could find...

 

If you are uncomfortable about futures why not just buy call options - ETF's suck.

Better hurry though this trade is exploding with the masses piling in gold and chinese base metal stockpiling and dollar dumping

 

I just took a flier in QG at 1.77.....hope there is some goodie left.
Stosh