RE: N Technical AnalysisThanks for the link to that trend analysis bigpictureguy.
Personally I am keeping a close eye on the price trend and the warehouse stocks
www.kitcometals.com/charts/nickel_historical_large.html
I would appreciate it if anyone out there could post, or give links to, information on the large chinese stainless steel plant(s)? that I have read about coming online this year, that could supposedly gobble up 10% of the 2005 nickel output.
In an earlier post I mentioned that the International Nickel Study Group last October concluded that increased use of nickel substitutes and stainless steel scrap would lead to demand meeting supply in 2005 - I suspect this might have been self-serving wishful thinking? What is really going on out there?
Would this be a good time for those 13million short sellers to get out?.