AGO 0.00% 4.5¢ atlas iron limited

Relentless selling today.All the IO miners got creamed around...

  1. 6,113 Posts.
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    Relentless selling today.
    All the IO miners got creamed around 5+% each MMX,MGX,FMG and AGO.
    Must be a signal from overseas cause with all the announcents from last week the selling defied logic.
    AGO usually has a bounce mid afternoon on a poor day but this time stayed on its lows which usually indicates bearishness but in this market it could be a head fake.
    We lost control now it all depends on Obama and the Dow.
    Some are calling DOW 9000 and if we see that high PE stocks get hammered.

 
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