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Re: "It's Alive" - Copper Algo Goes Wild While No One Was Watching 

By: ribit in POPE IV | Recommend this post (1)
Thu, 23 Feb 17 8:05 AM | 80 view(s)
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Msg. 21363 of 47202
(This msg. is a reply to 21355 by capt_nemo)

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...it is my understanding that all the local operating companies are trying to get out of the "copper" bidness. Landlines are too expensive to install and maintain and they prefer to have satellite or cellphone type networks as they can have all their maintenance people in some shithole where no one can understand your problem and no one is responsible for fixing it. When this is done the bottom is gonna fall out of copper unless they make a shitload of pennies. I wonder if we could get away with paying welfare benefits in pennies




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
"It's Alive" - Copper Algo Goes Wild While No One Was Watching
By: capt_nemo
in POPE IV
Thu, 23 Feb 17 7:46 AM
Msg. 21355 of 47202

Twas the eve of President's Day and nothing was stirring (in Europe, China, or US markets) except that is, a wild algo in the LME copper pits...

Late Monday evening in London, with all but a few die-hard traders in China were asleep, the European workday was ending and Americans had a public holiday, 'Franken-copper' was born.


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