Copper all time high at risk this week (4.50! broke)

[Finder]

I think we are going to break that 4.50 soon.

"The most actively traded contract, for March delivery, was recently up 5.25 cents, or 1.2%, at $4.4255 a pound on the Comex division of the New York Mercantile Exchange. The contract's intraday high of $4.4380 puts it just 1.3% from the metal's record intraday peak of $4.4980, hit earlier this month.

http://news.tradingcharts.com/futures/9 ... 04599.html

also:

Jan 31, 2011 (Dow Jones Commodities News via Comtex) --

Hussey metal value effective with today's shipments for the
producer price of copper:

Jan 31:
Copper Price 4.5810

Jan 28:
Copper Price 4.5810


-By Kathy Lang, Dow Jones Newswires; 913-322-5172
csstat@dowjones.com

(END) Dow Jones Newswires

01-31-11 1437ET

[Finder]

4.46 this morning on Kitco, thats the highest Ive actually seen it.

Its fun to thing of the value of your hoard, while just sitting there, growing in value.

[NDFarmer]

You would think with copper being at an all time high we would be getting a lot more for our pennies than we are. It seems like there are more sellers on feebay all the time. I think the market is overdone with sellers. But that will probably always be the case because there is so much copper around.

[Finder]

As soon as anything sells on ebay everyone else is on it like flies on a turd.

Ladies and Gentlemen we just broke $4.50!!

Weeeeeeeeeeeee!

That cant hurt us.

[harley1]

i don't think it hurts one bit....my SCCO is looking good

[Finder]

FCX is looking good also, but I dont own any.

[harley1]

nice looking 1 year chart

http://finance.yahoo.com/echarts?s=SCCO ... =undefined

[Finder]

$4.50! wooohooo!

[Finder]

That 4.50 is holding up good. Let it be the new support.