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Metals Market to Rebound — but When?

Posted April 20, 2009 8:17 AM

Recently, industry experts are beginning to predict a big market rebound coming late this year or early next. What will drive a metals market resurgence? Do you think this is a valid expectation? From where you stand is a recovery even possible with current planning? Will the metals market bounce back by year end?

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Power-User
Engineering Fields - Systems Engineering - Member for some time now, see my profile.

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#1

Re: Metals Market to Rebound — but When?

04/21/2009 5:36 AM

Hi,

I would expect folks to start buying many goods , mostly raw stuff, well ahead of any expected rebound in order to buy at the best posible price.

Sleepy

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#2

Re: Metals Market to Rebound — but When?

04/21/2009 7:49 AM

Coppers' back to it's high levels.

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#4
In reply to #2

Re: Metals Market to Rebound — but When?

04/21/2009 1:45 PM

Look at Cooper prices,still half of what it was at highest.It has moved up,nowhere near highs,published pricing in Wall Street Journal, ISRI Publications. May Contract Price $2.1695 down 3 cents.

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Associate

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#3

Re: Metals Market to Rebound — but When?

04/21/2009 8:51 AM

I have tried to find the full article but can't. Can you provide a link and "what experts" I would like to see this as I am constantly giving rebuttle on the doomsayers of a certain magazine that quote very poor sources with little exposure to the market as a whole.

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#5
In reply to #3

Re: Metals Market to Rebound — but When?

04/28/2009 10:13 AM

Hi MSsteel1,

In this case, the link to the whole article can be found in the Industry Trends article of the April issue of Metals & Alloys. Here it is: http://www.purchasing.com/article/CA6642392.html

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#6

Re: Metals Market to Rebound — but When?

05/21/2009 8:26 PM

imho:stochastic charts, both slow and fast moving , , yahoo finance charts allows both windows, are a very nice tool in short term trend analysis

compare , vs commodity index, or s & p,...

add 10 day and 200 day moving averages, Bollinger bands , if you like as well...i suspect any rise in volume , in the short term , mirrors investor sentiment into this sector...sector " should " react , not just one component, to verify it's the sector rallying and not one single market manipulations.

paints a pretty nice picture,...

those indicators . i meant:..

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