profit takers, page-11

hi folks,

thinking out loud .... but this smells like a Mini GFC lack of conviction by aussie mums and dad's and poss some larger day traders being spooked by not only the strong AUD , the so called exit trades from Asia and a fear of earning downgrades,,

look i didn't get past economics 101 but :

1. AUD has only popped of late and people think its game over for the rest of the year in terms of Co. profits etc
who knows where it will be in 2 months time!
2. herd like mentality not helped by charlie aitkins southern cross report telling ALL to sell everything bar TLS WTF

2.a looks like the people who pray at the alter of montgomery have no appetite to see RED for more than a few days

3. MCE at least is using a cap raising to improve efficiency for example poss cutting down of construction time of floats by @ 50%

4 whilst catching a falling knife is dangerous !! the risk is somewhat mitigated by the fact that this is a stella company and i for one agree with stonemason, bght again @ $7.67 WONT BE THE LOW but that's not the point