china deval ....., page-9

I'm with VH.
I wasn't expecting this and in the short term can be only crook news for base metals. However it may play out positively long term. Nevertheless, between now and then, there are too many factors at play. Just when the Ni price looked liked bottoming out, and LME inventory heading south, this news comes along. For this reason I decided to sell a large chunk at 43c yesterday taking a small loss.

My sentiment is sell, only in that I see MCR with little upside now for awhile. It may head to new los. I don't know. However it could just as much be a hold. It's the only time I've changed sentiment on MCR.