RIO 0.21% $112.17 rio tinto limited

rio in uk, page-18

  1. 2,498 Posts.
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    Ladies and gentlemen,

    Don't lose the big picture here and again lose your faith in one billion chinese, sure they are facing a riot but hell this is china you are talking about, this situation well I won't call it problem very soon will be forgotten........remember Tianamen Square problem, the chinese communist party and leadership ain't going to let a few chinese creating problem or disrupting their progress that have been going on for a few years....don't get mistaken a lot of chinese like to make money they are more interested in wealth creation than political game, now communist party has been ruling for a long time and the country is getting more prosperous as more people are allowed more freedom in getting their businesses florish and getting bigger and richer and so china is not pure communist anymore but a marriage of communism, capitalism and sosialism.....rest assured the chinese goverment is not letting anybody stopping their path to creating more jobs and stabilising their economy.
    RIO is only a third to what they used to be yes sir the world economy is not the same but USA, CHINA, INDIA, RUSSIA are still there and the people still there and with trillion of dollars in the world economy hell it is only a matter of time before the economy recovers.
    Traders in NEW YORK have priced in or still pricing in of bad bad profit in the coming reporting season so market is adjusting now for the worst scenario and people are getting out and they will start with Alcoa this wed and others but if just if one or two companies deliver a bit better than they anticipated well the market is going to move up again......remember there are always lots of surprises bad or good ones.
    Relax folks I still like to accumulate at this price RIO is not Babcok and Brown so those the ones who have a bit of courage will have fun and getting the rewards and tthey are getting cheaper by the day.....risky hey anything in the market is risky......everyone has different srategy but one of these days you have to make a move, we won't be able to pick up the bottom ot the top.

    Cheers
 
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Last
$112.17
Change
0.240(0.21%)
Mkt cap ! $41.63B
Open High Low Value Volume
$112.07 $113.01 $112.02 $135.3M 1.204M

Buyers (Bids)

No. Vol. Price($)
1 3337 $112.16
 

Sellers (Offers)

Price($) Vol. No.
$112.25 1592 2
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Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
RIO (ASX) Chart
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