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Got lucky and took profits on 3rd Jan.   (Expected the market mood to soften after Fiscal cliff hype was settled).

Also, currently waiting on a substantial retrace due to the US debt can kicking uncertainty.

Expecting a last minute 'muddle through' (or expectation of such) will produce a similar uptick afterwards.

Likely such a 'muddle through' will involve some soft of money creation (inflation) to pay down some debt.

Inflation will likely also put further weight to an upswing.

Now to gamble on when market sentiment will shift from uncertain (downleg) to confident (upleg).

Just my ramblings.

Rio has great long term prospects.