buy in gloom sell in boom, page-6

Greeting.
i must admit i sold this morning on open, due to the fact that was a super fund inv. I figured make or lose 1000$ no big deal..but would hate it if it got to 39s 38s knowing that there has been talk about bhp dropping to this levels. markets are down, america is in a shit, talks of a global meltdown are becoming present, no one knows what is really going to happen day to day..coal drops 20% for whatever reason even if the demand is still very strong.
Most of the people i speak with, asian investors, day traders ect are all cashed up and waiting on the side lines..
Honestly..i dont see a very happy picture out there, even the best announcements on some spec stocks dont get a market reaction and acually trigger a sell off! Go and figure that one.
I am a lover of BHP and 100% certain that it will get to some amasing positive levels in the future..but for now i rather watch and buy back in at lower (thats if it gets there) may do and may not....but since the charts are indicating a retrace and sentiment is quite low overall..ill just sit back and wait and see how it all unfolds.
On a positive note..again i would like to thank everyone here at HC for some amasing and helpful posts..which are greatly appreciated by all im sure..
Cheers and good luck everyone C.