GREY:FNKLF - Post by User
Comment by
Triggermanon Jul 16, 2007 3:39pm
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Post# 13096812
RE: marketminer , info for you.
RE: marketminer , info for you.Well put , however keep in mind that the market (Large players) have alot more information than you or I , and they tend to look at the future and not at today.
The nickel price action tells me that the "Smart money" is
expecting to see more and more nickel come out of the many hidden warehouses around the world and into the LME.
Also keep in mind that the LME is quite easily manipulated by
players like CVRD, BHP, Xtrata , etc , etc.
I'm sure all the perma-bulls here will disagree , but trends and trend changes do actualy happen for good reasons ... you and I find out what these reasons were a couple months down the road.
Don't ask why , just follow the money.