Sunday, September 26, 2004

Chart of the Week

Posted by Gary .....at 8:59 PM
Phelps Dodge Corporation


Bottom Line: Phelps Dodge(PD), the leading U.S. copper producer, rose 8.82% to a new all-time high last week. Accelerating demand for copper bodes well for future U.S. economic growth. I expect PD to break $100/share before year-end.

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