[TyFenn]

do NOT short Copper!

at least that's my humble advice as a Commodity Broker - take it as you wish.

The Shanghai Exchange, which some consider the new leading indicator has been almost limit up for the last six days. See here:

Copper in Shanghai Rises to Record, Investors Bet on More Gains

May 15 (Bloomberg) -- Copper futures in Shanghai rose to a record for a sixth trading day as soaring prices this year have done nothing to dent investor demand. Aluminum also advanced to an all-time high.

Copper stockpiles monitored by the London Metal Exchange fell 0.3 percent last week, as makers of wire and pipes tapped inventory while supply from mines was disrupted by strikes. Investment funds are pouring money into commodities as they seek higher returns from those offered by stocks and bonds.

``From the total open interest on LME's copper futures, it looks like the funds are not leaving the market,'' Cai Luoyi, metal analyst at China International Futures (Shanghai) Co., said from Shanghai. ``The bubble's not bursting, it's just getting bigger.''

My guess is that Copper will be up in the US market.