FAR 1.03% 49.0¢ far limited

CNE CMD, page-7

  1. 3,444 Posts.
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    Yep, "buy the rumour, sell the fact" in reverse gear/mirror.

    Having said that, it might still, and I'd like to believe that this pushes down to $20 level and be maintained for 2-3 months. Squeeze out and let the spring coil up.
    From what I hear from commentators there seems pretty broad consensus that we'd be looking at a more sustainable $60 from mid/end 2016 onwards. So, the way I see it, while we're in it (the pain caused by historic low POO (are FAR LT holders really enduring pain? - I don't - I'm happy with what's happening because if we survive through this time,the prize will be so much greater) let's stay in it a little bit longer so that we don't spike and then have to return to these lows a couple months later.
    No worries at this end.
 
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