what price will zfx be on monday, page-12

Zinc has fallen about 10% on LME and if I wasn't wrong this could be the largest fall in a day (if not was that the May 06 correction or the late Dec 06)?

I reckon it will trade around the low to mid $15 mark.

Some other key factors to consider:
a) technical selling pressure by funds and stop loss order. Watch out for Monday LME price - it may either gain a bit or continue the slide. Probability of price drop is high IMO, based on historical price reaction.

b) Never catch a falling knife. As previously said, wait for the dust to settle before jumping in.

c) ZFX tends to rebound very quickly when bargain hunters move in. If you're nimble you can make some decent gain in 1 day.

Given 10% drop in LME price, I'm sure many will feel the shiver of yet a very volatile start of the year - more is likely to come so good luck to all holders.