Attention FCX watchers:
“ FCXs massive Grasberg mine in Indonesia is producing copper, gold and silver ore at 5 percent of its full capacity…The mill to process the ore has stopped running because of the damage in the pipeline ... …Freeport said on Tuesday that production and processing rates at its strike-hit Grasberg mine have dipped below levels needed to meet fourth-quarter sales targets. …The company said it could take a month to fix its main sabotage-hit pipeline …”. (2:51 am ET 11/03/2011 – Reuters)
[The market might not like this news, but we know FCX has been selling Copper out of their inventory thru the whole strike, we just don’t know how deep their inventory is.]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Couldn't be, Bank of Canada has no power. Must be BOP.
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should be getting non-man ISM and factory orders in 14 minutes. then will take my position. sold my long calls at the open today, so i'm biased towards the downside for the rest of the day. especially if we can distinctly get below 1245 on the /ES.
BullBear52x wrote:This is too easy, just sell and kick back stop is right the very top, man....what a day.
Yo: Baron Von BullBear52x
You probably just a short little guy, am I right? Horn-rimmed glasses, lost most of your hair in one of those monster squeezes…. am I getting warm? http://www.youtube.com/watch?v=EHJmPcILfg8
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
support and exhaustion bar, could be a rebound here.
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hmm, I should have paid attention to Euro, funny thing is while the stock market was celebrating, the Euro wasn't happy, should mean something.
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BullBear52x wrote:This is too easy, just sell and kick back stop is right the very top, man....what a day.
Yo: Baron Von BullBear52x
You probably just a short little guy, am I right? Horn-rimmed glasses, lost most of your hair in one of those monster squeezes…. am I getting warm? http://www.youtube.com/watch?v=EHJmPcILfg8
Thanks, I was going to call you big Al, but from your writing I got the feeling that you are under 5 ft tall, 195lb. that's just a guess, Kena is gym monster so I would not mess with him. there's lot of cyber space tough guy here me is one of them heheheeeee..
My comments are for entertainment/educational purpose only. NOT a trade advice.