Since most of last night’s watch list still looks pretty good, I thought I’d focus on copper and the 2 stocks you can trade it with. While they are not nearly as efficient as the GLD ETF is to the gold futures, or the USO ETF is to the Oil futures, FCX & PCU offer a viable alternative.



~ by tradermd on April 10, 2008.
Posted in Sector, Watch List
[...] The copper plays I mentioned a few days ago – FCX here inverse H&S, PCU same situation [...]
Watchlist for 4/17/08 « Trader MD said this on April 17, 2008 at 12:34 am
Hi Doc- Just fell in to your site and was wondering if you could shed any light to something I just became aware.
In talking to our scrap copper guy he was saying the recycle people have put him on alert that the price of #2 copper will be going down significantly on April 1.
Any thoughts on this?