Disagreeing with me in style! Thanks.
You make some fair points Mike.
And I suppose we all need to remember that this is the spec end of the market - volatility is ever present.
Had I held - I may have done something similar to what you describe that you have done with your parcel.
Trading to get 'free carried' is what I try and do at this end of the market. Maybe, I might grab a parcel in the low 4's and hold 25-30% of that parcel once it gets to back to 5.0c - these things always seem to swing up and down within similar parameters. It's just that damned entry point that is always difficult.
Good luck with it.
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