could we see a correction soon ?

Hello Guys,

I dont mean to pop the bubbles but it seems that lots of hot money has flowed into the iron ore stocks.

lots of news coming and those peole who have missed out might want to buy in afraid of losing out.

For this moment, I have gotten a bit nervous about holding iron ore stock that is why I sold out last friday.

In my humble opinion, the market dislikes a crowded market, so when everyone is in (specially after the strong chinese data), we could see a contrarian move as professional money moves out (of course, I am amateur at best after trading stock for 15 yers).

all the best,

superox