Rio shorters look out.Notice where rsi & Macd is??? 2002-2003...

Rio shorters look out.



Notice where rsi & Macd is???



2002-2003 saw an end to a 30+ year commodities bear market.

30+ year bull run on the way.

How are base metal's doing???



Her's what macquarie had to say a week ago,

http://www2.shawstockbroking.com.au/egoli/egoliWarrantsPage.asp?PageID={64EFE4AB-F8EA-4821-8BBC-E6A75BAC8F27}

Overview. Rio Tinto is a world class mining company offering diverse exposure to the commodities cycle. While short-term concerns regarding broader commodity price volatility will weigh on the share price performance in the near term, MRE point to the asset quality and defensive nature of Rio Tinto’s portfolio and retain their outperform recommendation.

How many disagree, hmm let me check,,,,

Last Analyst Update: 26 September, 2006

Strong Buy 6

Moderate Buy 7

Hold 1

Moderate Sell

Strong Sell

ProspectFcst
0 1 2 3 4 5 6 7 8 9 10

Number of Analysts 14

hmm,

What about P/E ratio is that important???

RIO 9.42, Sector 11.29 , market 11.69

The lower the p/e the better eh??? lol.

What about historical P/E ratio's???

Rio Usually trades around 12/1.

What about NPV is that worth anything???

Rio currently trades at a discount(do I hear bargain basement price?) when RIO & almost any company for that matter trades at a premium.

Anybody Short RIO should sell their shorts & go long if they wish to make money.

There are too many reasons to go long with RIO atm.

October fund money will be back in next week & RIO's share price will be back over $72, pushing $75.

With a bit more luck, $100 by Xmas.

RIO will be under $65 only people's dreams.

Small time trader's shorting RIO, LMFAO.

LOSER.

Wake up , smell the coffee.

Coffee's up too, check Starbuck's menu.

Beijing Olympic's here yet??

I didn't think so.

cheers.

P.S RIOVMN call warrant's for extra leverage to rio's share price rise