Iron ore price, page-531

cant see much coming out of tomorrows report that we don't really know already, really its all pretty much priced in one would have to assume.

with the lack of support at 6 bucks I cant see any major rally tomorrow, tomorrow will be an early Friday sell off before easter perhaps, if we see further declines in iron ore then 5.7.5.8 handle is a possible outcome.

ultimately the report tomorrow will just confirm a robust company which we already know with no real surprises just yet and consequently the overarching driver of sp at the minute is at what level is ore going to show some stabilisation or will it continue its slow and steady downtrend.

my personal view is a bit more to drop in the fmg sp im afraid.

I could be wrong but at least im putting myself out there with a view, that in certain the minority of subjective longs can bag me about after the event.