Learn how to make money from stock market instead making childish posts, and stop dreaming about winning lotto every month.
Not hard if you focus on REAL INFORMATION. I said yesterday:
"There are no bad news affecting the IO Future, just profit taking like I said yesterday, taking a breather. Steel market were not strong yesterday, so the Market probably think Steel prices are a bit high. Buy in dips if you are still accumulating."
That was when SP was $5.85.
Looks like Dalian IO and Shanghai SR Futures are done with profit taking, and should resume rally. Construction Steel Inventory Weekly Report out last night at 10:30pm showed a slight increase and was expected. Increase was smaller than expected, hence the Futures went up last night.
Now let's hope the big boy had enough of $5s shares and get the SP moving past $6 soon.
DYOR.
Frank.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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