Copper Steady in New York, Poised to Decline on Demand Concerns
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By Ted Bunker

Oct. 27 (Bloomberg) -- Copper futures were little changed in New York and may decline on concern that demand isn’t sufficient to support current prices, which reached the highest in almost 13 months yesterday before retreating.

Copper futures for December delivery fell 0.1 cent to $3.01 a pound at 8:14 a.m. on the New York Mercantile Exchange’s Comex unit. The price touched $3.069 yesterday, the highest since Sept. 29, 2008, before declining. World copper consumption slipped 1.3 percent in the first seven months of 2009 from a year earlier, the International Copper Study Group reported last week.

Last Updated: October 27, 2009 08:15 EDT Now tell me again a p.e. of 56 is not to high esp at end of the day when pcu drops another 1.50 or more .There writing on the lav walls about you little cheerlearder .You got gangbanged by the whole football team .Oh Dar shame on you wait til;l you ma and pa find out its just a matter of time.P.S did you get that midol?