upbeat presentation from jones, page-25

"For me holding GBG comes down to still being considerably in front and that I don't need the cash."

I could not agree more. Stocks/markets go up/down. If people are leveraged and concerned about their respective positions then they would have reason for concern, I for one am not as I know for certain Jones isn't.

A point to consider also is the likes of Baosteel have an interest in talking down iron ore/commodity prices, would they not? As do any of the iron ore producers have an interest in talking up Fe prices. This is a game and the Chinese are in this game boots and all, and are good at it.

More downside? Every possibilitiy...panic sell? For me, definately not. Buy in gloom and sell in boom, it seems this basic rule gets forgotten along with sound fundamentals in times of doom and gloom.

Interesting some have changed sentiment and readily justify same by going negative.