this is what i was talking about,and its only a mild down day on...

this is what i was talking about,

and its only a mild down day on the asx,

where would the retrace be, if there was a major glitch, like north korea, or spain, or any other reason for a major pull back.

Its easy to get blinded by how good a story is, the blue sky, but unless it is steaming into a re-rating, via production, or proving reserves to well established peers, or takeover speculation, etc, nothing heads up in a straight line.

One question to always ask, for a reality check, is how far away, weeks, months, etc, is the next catylst that will see new buyers wanting to pay 40% more than the current price, and given the market volitility, what is the chance of a correction, or global instability ripple batterying the asx in that time frame.

IMO, if it runs too fast too soon, above its progress to peers, reduce, and buy back more when it pulls back.