to sell or to hold, page-19

That is not the question... the question is to buy or hold, that is the question.

Glance back to May/ July 2011,

AGO share price climbing to over $4 to make a new high.

-IO prices had already peaked in Jan2011 and by July 2011 had confirmed a lower high.

-Short sales, after picking up to 5%, had fallen to below 1% in July 2011 (More affirmation that at market top, everyone is long and noone is short, while the opposite is true at market bottoms - just ask bonehead about the shorts in LNC pummelling in at 50c only to cover them all at $2 plus)

-Every broker/analyst had a BUY rating on AGO. AGO was a tip on cnbc. Fat Prophets claimed AGO was really undervalued. Analysts were lifting their price targets every second day, and most could see $5+. One of ém thought AGO was an enticing takeover play.

-Goldman Sachs came out to tip that iron ore was their best investment idea of the century. Putting compelling buys on the iron ore stocks... yes in July 2011!

-Black Rock couldn't feed insatiable appetite for commodity companies, and had accumulated a substantial stake in AGO

-Schroders were buying every AGO share on sight.

-Hotcopper threads contained words like "strong" and every second post speculated on m&a activity.

-AGO was outperforming every other ironore company on the ASX

Fast forward to March 2013. And every point above is true in the opposite form. Lower low on AGO, higher low on Iron ore... etc.

Boneheader, could you please please chart AGO from December 2010 to Aug 2011 with the iron ore price superimposed for the period, And then invert that chart!

Port prices ticked up today and importers increased their quotes after a two week drift sideways/down.