Iron Ore Price, page-15407

Hey Dr,

Markets go up, markets come down, I understand your frustration and on hot copper, you will get sympathy. But unfortunately 'The market doesn't care'.

The market doesn't care how much you borrow or the margin calls that you are down. This sounds harsh, my purpose is not to be harsh, but to be realistic. I have posted many times as you have angry with the market and someone told me as they told you, they are your choices, own them.. So I did.. and I learnt from that..

It's a very harsh lesson to learn. I used to use guilt to control relationships, and as a knee jerk reaction to that i tried to guilt the market.. it doesn't work.. what does work is not buying at the top.. AND looking for a bargain.. AND, understanding that there is a very sharp drop in volume around the holiday period.

Traders aren't at their desks, they are in their ferraris and mansions Showing their wealth to others and declaring themselves kings of the world.

This leads to lower volumes and more ability for shorters to have an impact.. I saw this last year. (Stock depending). A shorter can look at the market depth on a stock (available trades) and see how far they can make sp move with very little effort (with traders out, that's a quick fall) and when they see an opportunity, pounce, taking out stop losses all the way down.. shorters breed on fear..

In my humble opinion, half year report will be out in a few weeks, traders back at their desks, people posturing to get some gains on the half yearly. we will see over $6 pretty fast..

GLTAH,

Merry Christmas..