Member Info for Ken23

Ffs it’s getting beyond it now I mean KAZ has to be worth a go at these levels but they may take it a lot further if copper don’t find support soon.

Looking like it’s starting a downward trend since 24 April wonder how far it will go.
Copper needs to hold above 5800 or were really in sht street.

Steel is flying apparently due to a lot of new starts in construction over in China and won’t transfer into copper price increasing until these new starts are at second fix stage where a lot of copper is used.

So we could be waiting for a while for things to pick up.

Welcome aboard driver, I’m very well but stuck in this behitch at moment.
Funny you mention holidays I’m off to Greece again 1st week in July.

Well good luck with your buy in at 272 fekin wish I was in at that but that’s life.
By the way are you still holding GVC.
ATB

Billy the last 10 words of your last post sound brilliant.

This will pass may take a few months but it will 12months down the line this will be water under the bridge.

LOSTSANITY ask Billy bout GLEN in what he done from November 2015 onwards I was in then but bailed out when it reached around 160

The market can be brutal so its just sit and wait now guys, all will be fine long as you are diversified enough copping a few divis along the way and keep enough on the side line to have a decent living, it will come back eventually always does.

However I never ever imagined that GLEN would be below 270 and I don't think anyone else did.

Im av @ 305.8 My Mrs is 300.08 and my sons are av @ 296.53 so all Glen shares in the SH-te.

SCFC haha ye I wish I hadn't taken a few IAG but I did so the waiting game starts LOL

Craig, the dollar has been getting stronger for last 3 months which is keeping it down so we need a weaker dollar then it should start to rise.

Morning Craig, looks like we’re just in limbo at the moment

Column: What soaring iron ore and faltering copper say about China Reuters.co.uk15:21 Tue, 21 May

Interesting read about why steel is booming and coppers lagging behind at the moment

BEIJING, May 22 (Reuters) - China's iron ore futures jumped to a fresh record high on Wednesday, fuelled by a persistently bullish outlook as steel mills look to source raw material after running down stocks.

The most-traded iron ore futures on the Dalian Commodity Exchange climbed 3.3 percent in early trading to 727.5 yuan ($105.34) a tonne, the highest since contracts were launched in 2013.

So what the fook is wrong with copper if iron ores doing so well.
This will be a good boost for RIO BHP and FXPO

Copper went below the 6000 level for 10 minutes at 3.30 but it hasn't realy affected GLEN and KAZ at the days end.

I don't know what else to say theres no excitement in this market whatsoever ow I did have some on GFRD so made a wee gain today.

I might go pump some iron lifting around 1lb 4 oz up and down whos got the answer lol

Scoop re copper well it keeps approaching 6000 then pinging back up so there's some sort of support there but the DXY keeps trundling upwards keeping the pressure on, we realy want DXY to come off the boil then I think we will see more upside to copper that's why im transferring some GLEN funds over to KAZ at the right time so as to try and counteract the stamp duty you have to pay with KAZ.

I done a few this morning when GLEN was up .77% and KAZ was down 1.22% so sort of canceled out the .5% stamp if that makes sense.

Im just trying to spread my options as KAZ has been much stronger in the last 6 Months.

Fekin pubs shut today they on short hours as the owners are away on holiday wat a fekker.

Aether, that sounds fekin brilliant I love cooking so will try that one out.

A few Glen into KAZ as Glens up .77% and Kaz down 1.22%

NEWS
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Bounced off 6007 last week on Monday 14th to make reasonable gains through till Thursday.
Yesterday it bounced off 6003 so at least we holding above 6000.
All base metals up at moment but it’s early days and oil is faltering from yesterday but I think overall a better day today.

Ft 100 that was

Bit of a bloodbath out there today with travel and housing shares.
DT 100 all red or pink

Craig not bad PMO Nearly hit 102 and CEY Doing nicely considering golds in the back foot