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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (8891)3/10/2008 12:32:56 AM
From: Stoctrash  Read Replies (2) | Respond to of 33421
 
Speaking of EFT's...I ran into this new one. JJN
Just what I was looking for...a Nickel proxy.
kitcometals.com

All the other metals have rocketed...why not?
Nickel is what moves the Stainless steel market, fwiw.
Super Alloy's use lots of it, jet turbine blades etc...
en.wikipedia.org

Chart looks attractive too with the pull back from last year.
If it goes, I think it goes 40% or more higher....others in the sector could drag it, that's what I'm thinking.