Now there's a post boondog. good stuff.I sold out of everything...

Now there's a post boondog. good stuff.

I sold out of everything a week ago, after a very painful lesson in 2008.

Not saying we're headed for a bear (yet), but fear is coming back in the the general market in a major way, and nothing is cutting the mustard at the moment.

ALY like others will suffer in a correction, so its not about the goods of the company, its about the general market at the moment. IOH yesterday is proof (down after a 25% upgrade in JORC Iron at Iron Valley). Another of my beloved co's, but apetite for risk at the moment is just not there for a lot of people.

Fear is having the real valuation of good companies.

Cheers, Tim.