RIO 1.13% $122.87 rio tinto limited

medium term dead cat bounce

  1. 1,140 Posts.
    anyone else here thinking this may be a dead cat bounce from the $100 mark it was this year. could it be that resources have finally had there run. anything around the 100 mark is looking extremely attractive to me but am unsure whether it will haed south this time round instead of bounce back for beautiful reuturns. so so tempting to get in. but could be left holding the quickly burning match. perhaps a stop loss at $94.00 as much as i hate to use them.


    be cautious when others are greedy and greedy when others are cautious. could it actually pay off.
 
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