FMG 0.49% $22.59 fortescue ltd

Iron Ore Price, page-18062

  1. 3,925 Posts.
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    Hard to say keyhole...maybe 620 before a small bounce ...but volatility ahead...plenty of speed bumps this year....and zero chance of $14 per share as called by one.

    Today's China interest rate could be game changing...obviously concerns on credit growth and a tightening bias in China will curb many of the bulls...

    Maybe we can expect some large fund resources selling and rotation of out the sector short term.

    Frank...Enjoy retirement...well deserved...few cracks appearing...winter could be coming...but the bears not hibernating!

    $8?? Wasn't it $8.50 next week and $14 year end by the Oracle?
    Last edited by baukaw: 03/02/17
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