Lol! I just heard a broker say he still hates the iron ore...

Lol!

I just heard a broker say he still hates the iron ore companies. Even though it looks like supply is being addressed. He feels China's property market has a bigger pull back coming, so demand will be the problem.
I think it's funny that these guys think China is the only large economy in the world.
India is expected to outstrip China in growth over the next ten years. Then there's the rest of the world as it recovers.
I'm frustrated by the muted response from Ari as well.
It looks like we'll have to wait until the June reports.
BCI was up 54% yesterday and another 15% today.
Ari is supposed to smoke these guys on costs. Not this time, but I think June will be a different story.
Dallian futures are up another4% today!!