fms yes we can, page-42

Hi Greedy,

William has a good point. Contrary to your idea I think FMS is the perfect stock to buy and hold and not just to simply day trade.

No one can predict the day to day and intraday movements of any stock with absolute confidence. Even more so when share prices are trading at a discount (greater volatility).

I believe I have a better chance of successfully predicting a longer term trend in a share price or an asset class.

Take these three leading indicators, two of which are directly linked to iron ore. They are all now just starting to move to the positive.

1. Two-year swap spread. http://www.reuters.com/article/marketsNews/idUSN0852755620090108

2. The Baltic Dry index.
http://uk.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKN0929796620090109

3. The Bloomberg UBS Constant Maturity Commodity Index.
http://www.bloomberg.com/apps/news?pid=20601081&sid=a72cNsHNeVNI&refer=australia

Bear markets do provide opportunities.