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Wednesday, November 24, 2010
Copper futures still trading, and I am back short
Between Copper trade and USD future trade I am up 25% in one account this week. Not bad, but have done the same in the past and then saw all profit whittle away by tilting at the same old windmills.
Short copper again, based on macro and micro and my own personal bias, and that SPX was up big, while USD barely changed, DR. Copper is going to be prescribing himself some anti-biotics soon.
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Insightful and Useful Comment!