The big question out remains whether a secondary deflationary wave will hit the world economy this year and into 2013. I sure can't guess yet, but we'll likely find out in the few months.
For the deflationists out there...this would be the outlook...
Copper, weekly, 8yr
Summary
A move down to the primary target zone would probably equate to sp'1100. The secondary level would probably mean at least sp'800...possibly an all out test of sp'666 - but not until 2013.
Its something to at least briefly ponder over.
Good wishes for Thursday trading.