good recovery on a weak day, page-9

Hi Jugger. Ni did rise 4% during trade but then fell back heavily to close at $9.70/lb!
Al rose very well and held its gain. Pb and Zn also did well to close near their tops. Clearly we are in a period of fluctuation and daily rises/falls are to be expected.
I see WSA as med term and able to weather drops in Ni price.

Re shorting WSA. I have never shorted this stock because i feel it will rise in value. But shorting is a genuine legitimate trading technique/methodology which makes mkts more liquid. However, i have written in posts on other sites it should be restricted to stks within the ASX100-150 as small and mid-caps can be unfairly manipulated and in some cases slaughtered.