Never Catch a Falling Knife

And never try to catch a rocket!

While the knives don't seem to fall badly this time around, the other challenge is to try to not too anxious and panic if you think you missed the boats, or rockets in this case.

The past few weeks, has witnesed some resource stocks prices soared. Copper price rebound, nice lead from overseas, etc.  They have caused a big jump in some resources stocks, but then the price eased again, to an oversold terrritory. Now if we bought in the high, as we scare of missing out, we will be in trouble. 

Tide is Turning?

Of all the shares I bought recently, only a couple of them that is currently below my purchase prices. Of course this doesn't count of my old holding, although it seems that they have also started to creep back up; baby step.

I am putting a buy order of 18000 pcs, still has not filled, on MOL.ASX (Moly Mines), a couple days ago. Moly Mines is a resource company that is focused on development of base metals projects including the world class Spinifex Ridge Molybdenum Project.