5c party around the corner, page-612

Why? My logic and consensus is that IO will go down and down and down. I am just non-believer in IO. But AGO can be a good short term trading stock.

Maybe I was wrong when posting about manipulation volume price technique, but I thought people know about it. Sorry, I dreamed it, never participated in it! Forget about it!
Just read about accumulation and then distribution and how hedge funds are ripping you off.

Oh, I get it now. You are using HC to decide whether to buy or sell or hold? And blaming me for constant change of sentiment? You shouldn't. Diversify, and decide for yourself.
I am trading it short term. I have only 2 long term holdings but hold 10+ different shares now short term.



Here is some more downramping (from Citi bank)

Iron ore is facing a sharp decline as higher-grade supplies from Brazil and Australia are set to
increase, according to Citi, which combined its forecast for a second-half tumble with upgrades to the bank's outlook in the opening quarters of the year.
Recent gains have been supported by a deficit in higher-grade material, analyst Ed Morse said in a note. The bank boosted its first-quarter forecast to $US77 a tonne from $US60, raised the second-quarter call to $US70 from $US57, while holding the fourth-quarter figure at $US53.
Iron ore surged more than 80 per cent last year as China's steel output beat expectations after government stimulus boosted consumption. The rally was supported by a jump in coal prices,
which increased mills' demand for higher-grade ore to improve efficiency. China's push to clamp down on pollution has also added to demand for premium products, according to Citi.
The bank expects "prices to correct down sharply in the second half, with 50 to 60 million tonnes a year of high-grade ore supply from Brazil and Australia ramping up," it said in the note. "Chinese iron ore output may also rise," it added, citing a forecast from MySteel for a 15 million tonne increase.
Spot iron ore lost 0.7 per cent to $US80.41 a tonne on Friday, while futures in Dalian are down more than 2 per cent today in slow trade ahead of the Chinese new year celebrations, which begin on Friday.
"Everyone's off already," said a trader in Singapore, adding that activity in the physical market was also slow.
"But we are seeing outflow of money from commodities to equities. Transacting commodities futures in China is high-cost and high-margin and the government is relaxing requirements on equities futures," he said.