Iron ore price, page-42474

Well we all put up with it for some time. On both sides people like the play the game. I am sure if FMG becomes popular and keeps rising we may hear more and more extremely high predictions while i am not intending to sell my shares it would actually make me think that might be the right time to partially cash out when this happens. On the other hand when the niose is the loudest in the negative it does indicate a good time to consider getting back in. I am not really a trader as i want to hold for the long term but if it really went up to over $35 i would be very tempted to say sell half my holdongs unless some serious fundamentals were backing this pricing.

The main thing for anyone is to not panic and look at the fundamentals. And again holding cash right now is not the most attractive prospect for any length of time at the moment. This inflationary enviroment also worries me if i am holding too much cash.