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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (47701)5/1/2012 10:28:05 PM
From: Mr.Gogo1 Recommendation  Read Replies (1) | Respond to of 78732
 
I think there is more pain to come as china uses 50% of the iron ore in the world. They don't have a choice, but to cut down on construction. And they are doing it, no matter if they are admitting or not. Canadian dollar started creeping down. For me this is one more proof of the lower demand for natural resources.

Georgi



To: Spekulatius who wrote (47701)5/3/2012 11:03:37 PM
From: Spekulatius  Respond to of 78732
 
Added some CLF at 60.5$. Chart seems to indicate strong resistance around 60$ and we are there.