I think the problem is people are annoyed with getting caught...

I think the problem is people are annoyed with getting caught out, it jumps 100% and lasts a day or two and drops back 150% of what it was. No real consistency. Whats that saying, once bitten - twice shy. Well its been a few times now and I'm not suprised that people are a little hesitant to buy in without any 'excitement' to justify its moves or consolidate its prices at a higher rate.

Having said that, I hold a large parcel and am willing to wait because anything that is close to China (+ India) is likely to be worth good dollars at some point in time, its just the 'when' that will test people's staying power considering there are some very enticing prospects on the market at the moment.