Schlomo,it's down 21.43% in London even though the FTSE100 is...

Schlomo,
it's down 21.43% in London even though the FTSE100 is putting on 1.47%

The Nickel price seems to have bottomed out for now, but another 10% off and ALB's main mine will no longer be viable. Futures seem to predict a rise.

But I can't sit around and watch the portfolio dive. I've been sell-buying on a daily basis, sell in the morning, buy at the daily bottom. But the overnight falls have become too severe.

The sell-buy is a good move if you think the price is falling. You can rebuy at the bottom and pocket the difference or increase your holding for free :)

I'm never THAT sure, so I sell-buy (speculate) on half my holding and that has been a saving grace during the downturn.

But I have long since run out of investment funds so I'll just watch for a while and go back in when the bottom is finally reached.

Robert

PS DOW futures up (Lateline Business)