FMG 1.24% $17.95 fortescue ltd

io is up $1.11, fall in the price is temporary, page-8

  1. 2,952 Posts.
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    I not said any one had their head in some place it should not be. my point was they even are not clear based on the opposite view. that in fact is the nature of views. my point is china will dictate the future not any view.

    re search china will help you. know your customer and his goals. not follow just the price of a commodity at any given time. those things follow what the customer is doing. we have it ass about we see the price drop then speculate on that. same with last month numbers from china. that is last month numbers. fmg drops why. was it china alone. ore prices on that day. Russia intervention in Crimea. some avearge numbers from usa. people panic.

    it was all of the above. people write about those events. that already happened. what they write and predict only adds to the panic. then what happens the next day ore price re bound, we get better March numbers from china, Russia stop jaw boning, usa numbers improve and people stop to panic. and yes the forecasters change their view.

    Its a cycle.
 
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