fmg and fe, page-194

Guys time to think of the family and kids and their school fees,
Its all fun and games till the music stops,

if you have large profits or large leverage then time to cash up as the IO market is showing topout signs and the experts are all calling an IO price dropback.
Would you rather sell at 6.60 or at 3.60 like I had to on other stocks when they were high.
The instos are doing it as can be seen, its not personal but business,
I know as I was a holder for many years till 2008, the trading range is $2-$7,. if you are sentimental keep profits in but ALWAYS preserve your capital inlay and take profits when you can imho.

if IO price shoots up to 100 soon FMG may go with it to 6.50-7.50 which is the same topout range as before and this top range is looking ominous and the annual graph looks like its too good to be true and cannot go on forever.

don't get me wrong, im an FMG old boy going back to 2007, but I sold well in 2008 at 6.28 and bought well at ~2.80 during the GFC. So my track record is good with FMG so far. Just trying to be wise and ground the ramp talk to reality.
If the instos are selling down at these tops whats that telling you?