Thanks for clarifying that. The article I read did not state that. I am back in hopefully when it hits 2.00 which is a real possibility I feel. Next 2-3 weeks iron ore will be hit I feel - especially Monday if thsi Henry Review is negative. All stocks. Little to do with our little chm. Should not go below that. After a few weeks this tax will go away for a while.
Chinese stock piles are not high. Until Jun/Julyish. So expext the buying to pick up around then. Spot likely to drop a little until then.
Good luck all Day traders, swing traders and long term, - all except shorters!
MMX Price at posting:
$2.30 Sentiment: Hold Disclosure: Not Held