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To: Jacob Snyder who wrote (12764)	6/25/2013 10:46:50 AM
From: Return to Sender	Read Replies (1) \| Respond to of 13403

OT: I just looked at a chart on VALE and I can see everything you said is right there. VALE bot 2000 @ $13.30 at the open; this could easily be a LT hold for its dividend and very low valuation. However, with both its industry (iron ore mining) and country (Brazil) out of favor, and its ugly chart, it could easily keep making new lows. I'm going long, because every time it has been this far below its 50dma, there has been a rebound. So, if it goes lower I'll probably buy more; if it goes up, I'll consider selling if it gets back up to the 50dma ($15.5 currently) and stalls. Loads of debt though. finance.yahoo.com

To: Jacob Snyder who wrote (12764)	7/11/2013 3:58:14 PM
From: Jacob Snyder	1 Recommendation Recommended By Return to Sender Read Replies (2) \| Respond to of 13403

VALE sold 2000 @ $13.49, profit $362; back on the sidelines. I am impressed that the market spikes up when the Fed hints tapering won't happen so soon, and spikes down when they hint tapering is immanent. This reinforces my view, that stock gains are now an artificial and unsustainable Fed creation. In addition, the miners have been particularly weak, with just brief rallies within a continuing downtrend. Almost all miner's stocks have been failing at some moving average (10d, 50d, or 200d for the strongest), and setting new multi-year lows every couple of months. I'll probably let my FCX go when I can get out even, at around 29-32$. And I'm selling my solars on strength. I bought them way too early, in 2010 and 2011. They bottomed in late 2012, and have rallied sharply since. I'll take losses, but not nearly as bad as if I'd sold them last year. If the market rallies to new all-time highs, I may end up with no long positions left.