rethink about iron ore future, page-58

thanks look and see- i actually invested since elsewhere and have actually not only recovered losses,but have profited.
ok,i am basically only an interested spectator on the fmg site,but it"s more to do with curiosity than worrying about the unavoidable waning of the iron ore sector.
what worries me is that as the big players increase production,basically as they have no other choice to try and compete with overall competition,the IO price will go down,not dramatically ,but steadily on a downward path.
my forecast is by 2015-bhp at $30,rio at $50,and fmg-who knows.
as far as trying to make money from the anticipated "past" spikes,totally different scenario this time.if you have a crop of $3 shares in stock,sell out while you can.nothing worse than being regretfull.tends to influence future decisions detrimentally.
cheers crazypunter