IPATH AIG NICKEL ETN (AMEX:JJN)

AriEagleye (< 20) Submitted: 4/28/2010 6:01:23 PM : Start Price: $39.42 JJN Score: -48.17

IIT

ajacks1000 (< 20) Submitted: 1/6/2010 8:57:09 PM : Start Price: $27.97 JJN Score: -29.26

The resurgent demand for a wide assortment of metals -- driven primarily by China's need to restock its inventories -- has mostly been baked into (via derivatives) each respective metal's price. So, dramatic near-term price increases seem pretty unlikely.

Still, due to the anemic growth rates more or less locked in for the West due to the economic crisis of 2007-09, plus the near-certainty of expanded industrial production in China, metals are a sure bet to outperform in 2010.

Trimalerus (90.72) Submitted: 4/3/2009 1:58:59 PM : Start Price: $16.22 JJN Score: -9.34

I have a few other metals based ETFs mostly in gold & silver. This is a good pick for long term growth, in mt opinion. A look at the Scorecard reveals that it would have been better to pick this at $14-15, but at $16.22 it is still within the buy margin, near 52 week low. I think that we will see a surge in this sector once the economy starts moving again, I am also invested in steel, which is leading the recovery. The time is ripe to ride the wave.

NeroSagetrade (91.74) Submitted: 3/19/2008 12:19:11 AM : Start Price: $47.08 JJN Score: -50.87

Despite an economic downturn, i believe commodity and metal based etf's and etn's are going to be a safe haven for investments. Nickel is one of those most commonly used alloy materials out there and despite slowing growth, futures contracts continue to bid nickel higher. Longer-term charts show a continued breakout of the metal and with this ETN in particular being widely unknown, I like nickel's prospects even more. Of course everyone's waiting for a miracle rebound in the economy before they jump into nickel, but I think they'd be making a mistake and would miss out on a 30-40% jump in nickel prices. Looking for a solid 2-4 year gain of roughly 40-50%.

Nero
Sagetrade