iron ore "doing it tough", page-10

Agreed re sentiment. But gbg isn't turning a profit , these stocks are the last to turn around. So we just go lower and lower.

The banks caused the all ords to crash. As I've said in previous posts the banks are severely overvalued, and could easily push the all ords back to 4,500. Selling of banks has only just begun. Problem is we won't see that money rush to gbg. So we continue our slide :(

Shame I didn't have any shorts on the banks this time.