ago - $2, page-5

  1. 114 Posts.
    Me too, not one for charting and gaps
    Just by passing conversations I have with (some) people these where excuses that (I believe) drove the sp down.
    Now that these (so called) gaps are filled where to from here? (These) people don't know hence lower trading day compared to pervious few days.

    With iron ore price pretty much stable, china realistically stable(holiday - new year etc whatever they do) and excepting march pmi to be higher, demand going to increase from India the sp should now move much higher.

    With all this now Russia - which everyone knows will pass or the sp in Europe will be 20-30/cent lower not 2-3/cent - remember this is European first trading day since Russia really got involved - naturally will be lower, this leaves AGO in limbo? Great profit, still a demand for iron, iron price holding, rail deal??? Which way- can't be any other way, I think real sellers holding this would have got a scare at 0.955 and would have taken there shares out on a slightest bit of recovery which already has passed, so to doomsdayers and the like, put those buy orders in at 0.90, 0.98 or at 0.70 under current sp and I think will be there for a very very very long time.
 
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