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Copper in 2009
Introduction
Copper, the most important base metal is a commodity traded in large volumes all over the world. The global copper market had witnessed a run away boom in 2007 and early 2008 after which it has slowed down. Ganesha looks at how Copper prices will oscillate throughout 2009. Astro Facts Copper is a metal of red colour and used mainly for electrical machinery. This matches well with Mars, the significator of metal, red colour and electricity. Ganesha has thus taken into account the aspects of Mars to all planets excluding Moon in the reading and prediction below. The intensity of the market trend or the periods may vary depending on the aspects Moon makes with Mars and other planets which also aspect Mars. A word of caution, one should not take trading decisions solely on the basis of suggestions and indications given in the table below. One needs to take all calculative statistical analysis too into account and use the suggestions and indications below as a tool in the decision making process. Ganesha does not guarantee any profits. Legends Ganesha has marked the legends as follows for the dates provided below. The colour and the thickness of the fonts as shown below indicate the tendency of the market. Moderately
Bullish Very
Bullish Very
Bearish Moderately
Bearish Volatile and erratic Note 1: Days that have overlapping bull and bear indications, consider them as mixed with the earlier part to be as indicated and the later part of the day as indicated. For eg, Feb 26 to March 1 is bullish but Feb 28 to March 3 is bearish, both have been indicated as MILD, then consider Feb 28 as bullish and March 1 as bearish. Note 2: Days that have overlapping similar trend increase the intensity on the overlapped days. E.g., 3rd May to 6th May are mild bullish, but 5th May to 8th May are also mild bullish, then 5th and 6th May will be strong bullish, with the other days being mild bullish, meaning 7th May and 8th May will not be bearish after the strong bullish 5th and 6th, but the rate of price increase will be slower than was on 5th and 6th.
Summary Summarily, Ganesha finds that the last week of August to last week of September and the month of November seem to be good for bulls. Trading is not advised for the weak hearted during the third week of February and June, please stay clear of the market in these highly volatile periods and if possible square off positions before these periods. Wishing you all happy trading and profiteering. Ganesha's Grace Rikhav Khimasia The GaneshaSpeaks Team 06 October 2008 08:31:31 GMT
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