Fat Bloater, we can also read where you called COF "at the top of your favourite shorts list."
That was when it was at 13.5c.
It's only gone up since then.
(ref: http://hotcopper.com.au/post_single.asp?fid=1&tid=2001546&msgid=11738270 )
As others have said, you're good to follow 'for our wealth's sake'... as a contrarian indicator.
cup and handle breakout - packer buys in, page-29
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Add COF (ASX) to my watchlist