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Re: cl001 post# 2816

Thursday, 06/07/2007 6:58:04 PM

Thursday, June 07, 2007 6:58:04 PM

Post# of 35734
bmc AND OTHERS

Managed to sell some BMC at the open after seeing the barrage of news saying nickel should go down. I especially liked the one that said nickel prices should fall to half the current price. It's seems like a full court media blitz now on "nickel should go down".

A lot of today is just the general market going down.

I rebought my BMC and a little more at the end of the day. Managed to avoid about 6.5% of the 9% loss today. Not so lucky on other nickel holdings.

PFM was up well to day so that may have salvaged the day from being too ugly.

I am not certin how long this general market down turn will go on but if the market does rebound, nickel stocks should participate in the bounce. But I am sure we'll see much more negaitive media coverage for a few weeks. Sooner or later they will have to find another story though.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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