Gidday Mx,Maybe a cascading dump is about the only thing to be...

Gidday Mx,

Maybe a cascading dump is about the only thing to be wary of today, but I'm hoping people are beginning to increase their stop %. In the recent past we seem to have seen quite a few too many cascades hit the SP because of the tightness of stops. Now that confidence appears to be returning I'm hoping that (a) stops are loosened up, and (b) the tree shakers who instigate a cascade, have been able to evaluate the process as having a negative outcome.

I don't use stops - just ride the roller coaster. Good some times, bad others. I'm still holding everything less 50% of my top up, and this means that I am quite heavy in the PNA holding, more than 20%. Fact is, I can't bring myself to sell a share which is now nearly double my average cost.

Someone recently said that GSJBW valuation was 64 cents, but I have not been able to confirm that. Does anyone have confirmation?

Good luck all - I'm on for 40 today, with blue sky.

Stu