NIckel Close to Bottom, page-3

Yes, as always, hard to pick the bottom.
I think we were all diddled by the inventory over the past year.
From the posted articles, and I really think the only thing to do is watch LME inventory fall as a turning point. If it's not falling, then inventory from somewhere else is (and we now know...WAS) being used.
Saying all of that, I was wrong a year ago, having trusted the Indo ban squeezing supply. However I am more comfortable now at these prices that the supply curve at some point has to change.
Good to see you back Brucey....maybe to pick up an MCR bargain soon?