RIO 0.75% $112.77 rio tinto limited

rio short term part 2, page-4

  1. 6,975 Posts.
    geffa, if you and jaysee are right (and I think the odds favour medium/long term price dacay) then that is telling us the world's economies are not going to pick up any day soon and much worse is too come for the US dollar. RIO at $22/23 dollars suggest the XJO could decline to twenty four/five hundred - the banks should hold up a full percentage equivalent decline.

    Maybe the Dow will hit those 5500 markers some folks have been talking off.

 
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