RE:MY BIGGEST MISTAKEStock facts: Stock market can stay irrational longer than speculators can stay solvent. On average a Stock can fluctuate as much as 50% in any 12 month period Sentiment plays a much bigger role in price in the short to medium term than fundamentals. If you didn't own a Stock and it went up you DIDNT LOOSE ANY MONEY An unloved sector will not catch a bid no matter how ridiculously low the price whereas sectors in the limelight will skyrocket in price even with no earnings. Predictions are very difficult to make especially about the future. Resource companies are price takers not price makers like retail companies. So no one can ever know if they will sink or swim. It all depends on the price of the commodity which no one producer can change Happy investing