zinc crash ... here we go, page-62

hi andrewe,

I liked your last post...especially the reminder that people shouldn't get personal.

Agree we should just stick to sharing viewpoints - either way.

I am short ZFX at the moment...will probably close it out sometme in the near future for a nice trade. I like the company, and the fundamentals for demand...just thought both zinc and ZFX had morphed from trending higher to spiking higher and that some adjustment was due.

I tend also to agree with others who see a few more good years ahead with so much fundamental urbanisation of Inidan/Chinese populatons underway. It's a mega trend but as for commodity prices - in my view - it means stronger prices for longer, not necessarily ever-increasing prices though. I expect consolidation in commodity prices at levels higher than the averages we have seen over recent times.

But it isn't different this time insofar as trader expecatons are concerned....prices can be pushed to high, too quickly and some people will get burnt if they don't keep their heads - especially those whose only experience in the markets is measured in periods less than 4 or 5 years.