curious to know how we are all feeling about l, page-12

Hi Funky,

"the smart move has been to sit on the sidelines"

That is your opinion, if we were currently at $1.50 you would not be saying that, if we went into a trading halt with great news & re-opened much high you would not be saying that, I would be holding & you would most likely have disappeared from this thread like some other naysayers.

"what's the point of buying into or holding into a dropping trend?"

Its only a dropping trend until it changes

"sell in May mentality that hits stocks every year, I have learnt from past experience to get out before end of April or earlier if possible"

So you don't trade or invest from April until when?
Seems crazy as I would have missed out my ELM, IVA, LNC etc profits & other shares that have made money, I have definitely made more on the market since April than I have lost

"And true to form look whats happened with the shareprice"

Only true for lyc & was not a dead cert

"I know you like your averaging down strategy"

Only for lynas & only due to the current circumstances

"very very risky strategy" In your opinion

I have one thing to say about sitting on the side lines, your only a trader if you are trading

Thanks for your friendly & polite post, always enjoy our disagreements ;)