Iron Ore Price, page-18135

Frank you are wrong. You can make much more than you can imagine provided you can predict the next day swing with accuracy greater than 50%, say 55% would be fantastic. I just traded 20k synthetic shares, outlying + $850 (credit to me) last Monday, than SP went up and I sold my long shares in 2 batches. First batch on Wednesday- fantastic return, 2nd batch on Thursday morning, reasonable return.
I could do it because of special circumstances on Monday. Q2 report was predictable and DCE was out of action, before finishing high last trading section.
When I took this gamble my estimate was for more than 90% success. At the start I got $850 to start me of and at the end I collected a few $k.
Can I repeat.this on Monday morning?
No, my chance of success is 50% and so is my chance of failure.
The next opportunity will be just before div
anouncment provided DCE holds around 600 Yuan. I assume div implicating 5% yield and better than BHP and Rio yields.

Returning to the $13 SP by end of the year, I would be quite happy to bet a few k that it won't happen. Would anybody put some money where
Their mouth is.