chart looks a bit worrisome...., page-6

G'Day eye :)

Yes - I know all the good reasons why RDF is an outstanding long-term investment, and that's why I made the conscious decision to treat it as such, despite being essentially a short-term trader. I used profits from other trades to "spill over" and buy more RDF as I went, until I've built up quite a sizeable holding. That's also why I'm not selling, and why my stoploss is so loose. But it's still a bit testing of the steel in one's soul to see it retracing as it is.

I have no doubts that in my longer term timeframe of 3-5 years, RDF will be a winner, probably on both capital gain and on earnings. But at the moment, it is causing me to become a little schizoid - short term trader on the one hand, longer term holder on the other.

But never mind -if I'm schizoid, I'll never be alone because I'll always have each other... ;)