Berman, who is a technical analyst, said he expects Teck to trade in the $21 to $29 range for the next two years due to continued weakness in China.

I read an article that said a bet on Teck was a bet on China. So now everyone is worried about the potential for a "soft landing" in China, or even just a slowdown, then Teck suffers as well by association.

Logically speaking though China is very strong and this sentiment is overblown. All we need is one good interruption of copper supply and this will turn around. There is an expectation that by 2017 copper supplies will be tight again, and that is likely why he said for two years Teck will be range bound.

There was an article today about the US Defense Chief's visit to China and how much flak he is taking for his/US support of Japan over their territorial dispute. In this article they are talking about how China is developing an aircraft carrier program, building submarines, surface ships and anti-ship ballistic missiles, and has technology to destroy missiles in the air. I wonder if the US DC is going to go back to the US a little bit shaken?

All this military expansion and the railroads YN mentioned on the OT forum doesn't look like a country that is laying low and about to roll over. I don't understand why a bet on China isn't a good thing. What other economy is stronger?

Teck has to believe that China is strong, and two years from now copper supply is going to be tight again. They need to move now in order to gain from that situation then. I don't think they are going to get a better price for SC in two years, or even one year.