The current market situation is akin to wetting your pants....

The current market situation is akin to wetting your pants. Starts with a warm gushy feeling, then reality sets in. China has lit a fire under Aus stocks to stimulate their own faultering economy. For MIN the reality is $5billion debt, softened by the $1.1billion rescue sale of 50% of their new road and the possibility that they will do well out of their hostile takeover of NWE. Purchase of MIN shares at $30 was a brave but risky proposition that short-term speculative traders would exit from quickly. The CEO of MIN has track record of throwing his shareholders under a bus. Ask any devastated NWE holder. It's not a case of dog-eat-dog here, more like dog-eat-your-young when they are fat enough. The USA with $3.5 trillion debt will haunt the world this year, possibly in the 3rd and 4th week of October. Israel will assassinate Iran's Islamic leader and escalate the Middle East war with the blessing of the USA. Stock market is at all-time highs as it was in 2008 and 1928. Both times the correction came in late October. Personally I plan to sell and take profit in the next few weeks, and sit with cash on the fence awaiting positive news. Sorry if this is a wake-up call. I might be wrong. I sold NWE at 6 cents and MIN at $70. Bought PLS on its fundamentals and will hold until the price of lithium recovers.