Well done deli, I'm of the same frame of mind. Coal prices have...

Well done deli, I'm of the same frame of mind. Coal prices have stabilised after bouncing from the lows. Foxleigh LV PCI is being sold at $162/t this quarter, presumably we're getting about $156-158/t for the Baralaba LV PCI. The market is nuts. The defensives are spiking (insurance/healthcare) and the materials and mining service are plummeting... one side of the market is met with euphoric buying (the worker resetting the super fund from balanced to conservative) and another by utter capitulation (read timmmsy's post).