FMG 1.20% $21.41 fortescue ltd

"Oz there is little chance they will avoid going over the fiscal...

  1. 1,082 Posts.
    "Oz there is little chance they will avoid going over the fiscal cliff they had 18mths they wont agree on anything before 31st.
    Obama meeting is going to be more discussion what to do before they hit bottom not how to avoid going over in first place.
    Will take till mid late jan to sort out and then there is debt ceiling and expected downgrade by rating agency.

    Kat.."

    Aaaaand.... we're back

    As mentioned: "with the cliff likely to be sorted to Sunday" => now sorted..

    $5.50 - $6.00 by end of Jan
 
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