RIO 2.27% $118.24 rio tinto limited

how high will rio go??, page-10

  1. 2,498 Posts.
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    Mate,

    It feels RIO is moving side ways and down as I am neutral I don't have a bias towards RIO and makes no difference to me but certainly I would not make a move yet short or long..it is a gamble at this point and happy to hold cash on it market has failed to have a Christmas rally as anticipated so market is looking going sideways too and next year would be a different story....Greece and Spain...hmm people are being cautious and the big boys are cashing up the profits..me just trying to follow the big boys as they are the ones that move prices........chart not screaming signals to buy so happy to hold cash.....

    Cheers,
 
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