HI,
As per my understanding, all the base metals should be short for the last 2 months considering the 4 month period. But it started falling down well and increased after 15 days and started gaining liek anything up to 2 days before. But it is still not crossed the barrier and still in short position. What ever gained in last 15 days it is all eaten away by day before yesterday. Today it is again bounced back.
All together what i can say is the base metal market is so volatile and not abel to predict anything for long term.
As of now for long term
Copper - Keep quite for soem time don't do anything
Silver - Short
Gold - Short.
Aluminium - Long
This is my personnel opinion.
Thanks!
Venki.