FMG 0.18% $21.86 fortescue ltd

Iron ore price, page-10607

  1. 29,775 Posts.
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    Brave man. I say that only because I have never used margin.
    I'm using cash and not fully invested at this stage.

    I'd say forget just $7 in the next few weeks or months. I have more than once expressed my opinion about that monthly
    chart. At first thinking $12 and am now thinking $13.
    I'll be in this longer than many and am confident.
    Other traders may make more than me by their constant in and outs but I don't spend as much time as they do and just
    know that at times the ride might be rough.

    All along have said Vale will be bigger than Ben Hur and that US and China will come to a deal and sell it as win/win.

    Who knows what exploration might uncover as an added bonus and have not factored that in, nor have I factored in
    CSIRO collaboration and the desire of Japan for alternative power.

    Best I listen to myself more. LOL
 
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