RIO 0.80% $94.05 rio tinto limited

looks like it's going to drop

  1. 1,626 Posts.
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    RIO's been quite strong recently, but it looks like the resource boom is fading, the dollar is strengthening and their fundamental P.E. ratio is getting stretched.

    I'm backing RIO to lose another $1 (to $32) before the end of the month. Any other calls?

    Cheers
 
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