Some good news., page-454

"What's the point?   Seriously!"

The point is I feel sorry for anyone who trapped here with their lovely money, little or big. I could not ignore the chance to learn the market and human by digging into deep of human psychology!

Anyone could make money. Anyone who protect their losing games, could not make serious money, actually could not stop lose money. Could you see the point, seriously? If not, you are at stake. Just remember nickel could be in the bottom for a decade. Don't believe that? You need lessons for your money.

Warning: The following material could make your brain spin. By the way no one pays to wdongli. He is voluntary to work here, which is great help for him to make money to play in the market somewhere else.

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Nickel price chart(USD/MT)

It is clear that before 2003 nickel was at its bottom for more than 10 years. The bust killed too many miners and opened the door for Nickel to boom.

The boom got too many new miners which opened the door for the bust. All of us agree the boom between 2003-2012 was super. History said huge boom would be followed by huge bust. The huge bust would push down the price into the bottom which would drive any weak miners dead.

The bust is the bush fire to clean up the market. It has to last long enough to get rid of the weeds. It looks that the bust has been for 2 years. Is it long enough? Seems not and quite possible it is just at its early phase.

It would try to rise up as it does now, but it would be resisted very heavily. Do you know resistance line of the chart analysis? Could you identify the possible resistance line? The resistance line is so low and it could be fatal to MBN.