fmg and fe, page-142

putting words in my mouth once again

where in my 25th post did I attack any one or any longs for that matter. the entire posts revolved around my opinion, which everyone is entitled to on these forums, why do you think the other thread was shut, because it was so controlled by subjective thinking people, seriously cant you see this

once again, 50k a month, like I said before if people want to get smart then I will fight fire with fire mate, I don't normally talk about my profits, did I blow my financial trumpet in my 25th post, no, I brought out the gloves when smart a...ssss had to chime in with attacks and non constructive posts. seriously cmon cant you see this, how can this be interpreted incorrectly, my god.

im long term bullish for many reasons, the main one as I explained in my 25th post, is the solid and robust fundamentals of FMG, steel and ore demand I feel has reached a plateau, will it be higher or lower in 6 months, impossible to know with certainty, if we did then I would sell the house and put everything into fmg, the reality is this, the majority of market participants are not believing the inflated ore prices, it doesn't matter what I think about ores future, it matters how I interpret the market sentiment of ore, and at the minute my interpretation of the other market participants views is that ore has run hard, hence one would have to assume it remain flat if not pull back slightly.

despite my sentiment of ore, like I said before even at 60 bucks a ton, fmg is still printing money, the debt reduction story is a very positive one as we keep hearing from nev, so again the reason for my long term bullish view, yes its pretty simple hey, well that's my style keep it simple, no need to complicate the simple concept of digging sheet out of the ground and selling it, its one of if not the most simplistic companies on the asx to follow.

now in closing despite my bullish view, I would be mad to not try and pull profits out of the dips, why is this so hard for staunch longs to accept, I just don't get the subjectiveness. open up your mind people to how markets work, Jesus. Options strategies are a brilliant way to make money in all market environments, flat, up and own, sheet its even great for longs.

if your long why not sell covered calls on your long stock, deep out of the money covered calls, the laymen term for it is called: renting out your shares

long term investors do it all the time to gain further ROI on their long portfolio holdings.