Catching the Falling Knife, page-35

my order got hit and i picked up some more at 4.00 on the open whilst i was asleep overnight in london. its the first time ive bought any ore since back when it was 2.70-3.00 over a year ago (except the CR i larticipated in), but i did lighten a little on the way up around 6.50 some old holdings. im still heavily overweight ore and happy about it.

argentinain economic currency issues could be factored in but its hard to predict the impact if any on ore. im happy to accept that risk but acknowledge its a risk short to medium term.

i bought with my eyes wide open that it could drift lower to 3.50 short term, but im happy it will be a lot higher than 4.00 in a few years. its all about your timeframe.

nice to see it bounced off support at 4.00 strongly but it could easily drift lower.