Copper Bull Move

Discussion in 'Metal Futures' started by Shagi, Mar 10, 2009.

  1. Shagi

    Shagi

    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 - :D
     
  2. Gul

    Gul

    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
     
  3. Shagi

    Shagi


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

    Gul

    Thanks Shagi,
    will have a look at it.
     
  5. Shagi

    Shagi

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

    Gul

    Hi Shagi,
    I went long 1.65 area.

    Hope it shoots quick!

    Good luck

    Gul
     
  7. Shagi

    Shagi

    Its a one way street trade - the masses are dozing:D
     
  8. Kris

    Kris

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

    Shagi

    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
     
  10. Stosh

    Stosh

    I just took a flier in QG at 1.77.....hope there is some goodie left.
    Stosh
     
    #10     Mar 18, 2009