Member Info for Jps1982

A good start today but we need to erase yesterday’s losses.

Today seems a good day for the sector, but RIO, ANTO, AAL, GLEN have all erased yesterday’s losses, FXPO not yet. I think if the afternoon can get above 49.6 that is a good sign. If not we will drift back to close around 48 and only a small day plus 0.5

We have a bad day underway below 47

We need a strong closing auction to confirm the trend. So many days the price drops from 4:30-4:35 close. Today nicely 49-49.5 in the afternoon then close at 48.9. Happening a lot of times last 2 weeks also. I hope you are right about 50s next week.

I am worried for a very bad update on Monday. Opening price 35-40p. Hard to see any positives production will be down, iron ore price way down. This also could be the bottom next week through so good chance to add to holdings at lower price. Good chance of better 2nd half of year.