I think this has been one of the biggest over-reactions i have ever seen on the ASX...
Kevin Rudd will go down in the History of Australia as the worst Prime Minister ever to lead this great nation.
Just shows you when we sit back and look at the great prospects of IOH and how it was heading for a definite $3 - $4 it now gets dumped and is sitting $1 below its recent high.
I am almost at the breaking point with the ASX, time to pack up cash in and head to another country...
When it comes to IOH, Iron Ore prices are still high and demand is still high and will be for a long time to come, once the dust settles on the super TAX then i think it will be back upto where it should be right now $2.70 - $3
Goodluck all
IOH Price at posting:
$1.69 Sentiment: Buy Disclosure: Held
