it's almost impossible to pick the end of a bubble, or at least the top, easier to ride it all the way up, take some profits on the way....the bubble looked about to burst last May / June and a lot of people switched to cash...but if you bought at that time - AGM for example was in the 20s and low 30c level - a lot of stocks have since performed spectacularly.
I think the China story / metals prices are a little over the top in the short term but I would rather be in the market than out, think it will be some time yet before the music stops. In the context of AGM, it looks to be value even if there is a significant correction in nickel prices, so I hope to hold until production and then reconsider my options.
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price correction....names, page-7
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