Thanks for the advice taughtbuffet, appreciate you taking the...

Thanks for the advice taughtbuffet, appreciate you taking the time.

Yeah, I should've sold out the next day, when I was only $1200 down. Still, to a newbie investor, that's a hell of a lot of money, and more still to lose in one day! I'd watched the exponential bull run (literally sat in front of my PC refreshing Commsec every 30 seconds, all day) but failed to pull the trigger and get in on the action. By the time I'd made the decision to jump onboard it was too late. I've learned some hard lessons, but I haven't lost any money 'till I cash in my chips, that's how I'm feeling anyway.

I absolutely agree with justbargains assessment of 1.50 to 2.00 in the short term (six months) and 2.00 to 3.00 in a year or so, when they're fully back on track.