iron ore & china, page-36

Have sat out for 8 months
Sold at $3

Looking for a re-entry point

I don't see a need to hurry as the SP is trending down
I will wait to see if I can get back in at$1.45

I am also looking at NFE as well
Under 50 cents again and looking to test down to 40 cents

Sooner or later Instos will cash in on cheap resource stocks
Will take a few months of price stability for that to happen
But it will happen

Chinese figures are heading in the right direction
I hope the lunar new year doesn't cause too much problem
Probably the reason for the current dip in ore price


Good luck to all holders

Imoo