Comments on: Chartists say base metals in bear market rally, for now http://blogs.reuters.com/commodity-corner/2009/03/25/chartists-say-base-metals-in-bear-market-rally-for-now/ Views on commodities and energy Wed, 22 May 2013 03:39:02 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Adam Johnson http://blogs.reuters.com/commodity-corner/2009/03/25/chartists-say-base-metals-in-bear-market-rally-for-now/comment-page-1/#comment-335567 Adam Johnson Thu, 26 Mar 2009 19:55:41 +0000 http://blogs.reuters.com/commodity-corner/?p=11062#comment-335567 I agree with this piece as well. My hope is that there will be an easing in market volatility, but I don't see that happening. Trends will be highly scrutinized by the market conditions. I have been working with Arx Global Holdings in Chicago. They have great cash management services that allow customers to control their cash exposure while stabalizing returns. I agree with this piece as well. My hope is that there will be an easing in market volatility, but I don’t see that happening. Trends will be highly scrutinized by the market conditions.

I have been working with Arx Global Holdings in Chicago. They have great cash management services that allow customers to control their cash exposure while stabalizing returns.

]]> By: Roberto Punsalan http://blogs.reuters.com/commodity-corner/2009/03/25/chartists-say-base-metals-in-bear-market-rally-for-now/comment-page-1/#comment-335562 Roberto Punsalan Thu, 26 Mar 2009 05:38:53 +0000 http://blogs.reuters.com/commodity-corner/?p=11062#comment-335562 The piece is correct. I noted in Daily wealth's Privy portion that a major move in copper price is due to China's State Reserves Bureau purchases. Interestingly, the same Daily wealth March 26 issue also posited on copper (being a major indicator of global activity) as breaking out of the $1.60 level upwards. The Barclays analyst specified a $4300-4500/tonne range ($1.95-2.00/lb). If these are really movements up due to resumption of activity, the recession may start easing up. Otherwise, if it is simply a Chinese buildup of strategic stockpile then the signals would be misread. The piece is correct. I noted in Daily wealth’s Privy portion that a major move in copper price is due to China’s State Reserves Bureau purchases. Interestingly, the same Daily wealth March 26 issue also posited on copper (being a major indicator of global activity) as breaking out of the $1.60 level upwards. The Barclays analyst specified a $4300-4500/tonne range ($1.95-2.00/lb). If these are really movements up due to resumption of activity, the recession may start easing up. Otherwise, if it is simply a Chinese buildup of strategic stockpile then the signals would be misread.

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