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Gold/Mining/Energy : Companhia Vale Do Rio Doce (RIO)
VALE 12.09+1.7%Oct 31 9:30 AM EDT

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To: JakeStraw who wrote (399)10/7/2009 7:10:55 PM
From: rsroberto   of 461
 
Take car with stocks of ore companies. Several ore companies have increased very much the last days, and I think it's due to the factor Australia. I notice that the australian stock market increased sharply this weak, and I think it was because of the australian economy conditions, they are so good that the gov. increased the interest rate. The sharp increase in stock prices included the ore companies, but, in my opinion, they depend more of the economic conditions of the rest of the world, and so the sharp increase of the last days is not reasonable.
Otherwise, notice that the analyst of GS that recommend the stock probably is a brazilian defending his fish.
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