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| Etf Name | Etf Symbol | Market | Stock Type |
|---|---|---|---|
| Wt Nickel 2x | LNIK | London | Exchange Traded Fund |
| Price Change | Price Change % | Etf Price | Last Trade
|
|
|---|---|---|---|---|
| 0.23 | 1.36% | 17.1825 | 16:35:28 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 17.1825 | 16.9525 |
| Top Posts |
|---|
Posted at 06/5/2010 08:40 by dasv yep - I was looking for some support at least at previous highs but I don't think it's there. The right thing to do is to take a loss now, stand back and see what happens next. LNIK is leveraged so you have to play the momentum in a time frame or see gains eroded. I could have/should have/would have taken 20% profit so I just have to accept I traded it badly. Thanks for the updates on nickel. They were and are helpful. If I open a new position I'll post here but for today I plan to sell up LNIK. Lucky SSUG went with me to compensate. |
Posted at 04/5/2010 11:50 by dasv c2i - thanks for that...I'm keeping a close eye on LNIK. Sharp pull back last week. Also in Australia the gov is thinking of imposing a 40% levy on resource companies. Maybe that will push up commodity prices as projects become uneconomical. |
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