TLS chart, page-799

always interesting to read your posts FT, I pay close attention to the price levels you point out, I bought quite a few in the low 3.70's a few days ago, and I think it will go back to the mid 3.80's in the next couple of weeks, however I'm more worried about market corrections starting probably early next year, elections in the US coupled with sky high valuations, the relatively small correction we had earlier this week in the US caused panic selling on the ASX and led to TLS going to mid 3.60's imagine what a 20% correction on the Dow can do? Wouldn't surprise me if TLS goes back to 3.00 in that scenario, that will keep you awake at night calculating all the gaps on the way down! (I believe there's still one at 2.98) I hope it doesn't happen by the way, but I wouldn't rule it out sometime next year, some smart hedge funds are already putting large short positions in place