rio up nearly 9 percent fmg up over 7 percent, page-14

"It happens when people cling on to things and want them to reverse."

That comment would pretty much apply to everyone all over the world watching various global markets at this point in time i would think, including all the aussies who are regulated to contribute to superannuation accounts for their retirement, be that in 10 years, 20 years or 6 months. wonder how many account managers are 'clinging'? five seminars attended in the past 2 weeks, all had the same theme, sell now and definitely lose. 'cling' or in finance speak, 'wait it out' and the worm will turn. doh!

considering fms was below .01/.02 this time last year and is still in early stages of exploration re io, sitting above .06 is not too shabby all things considered.