trouble brewing

The problem with nickel stocks is that they might be undergoing a second correction. A recent drop in the nickel price has many concerned about the short term direction of nickel due to stockpile increases, demand destruction etc. Thus most stocks are off their highs.

Now we may be faced with a general correction sparked by the parabolic nature of the Chinese stockmarket. Back to back this isn't good for short term prices.

Could be some good bargains in another couple of weeks.


Mookie.