China PMI was better than I expected. Bought TGS with SMSF.....Plan to cascade buy on each subsequent rise so that I can now share the pain or glory yet again.
One would also suspect that the Chinese will benefit with the lower input costs of oil, on top of the cheaper iron ore / coal which making their steel mills very profitable at the moment.
Ann: September 2014 Quarterly Cashflow Report, page-40
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