RIO ==> The Titans are Going to Vegas Winner!

[New-born baby]

Wed

RIO is looking pretty good right here!!

Taking a shot this morning. Now you can buy at a better than MM price.

Caught this picture on the web of RIO taking a shot--
or is it Fernando? Can't be Fernando--he's dead.

[Peter Hansen]

Taking a shot this morning. Now you can buy at a better than MM price.

Caught this picture on the web of RIO taking a shot--
or is it Fernando? Can't be Fernando--he's dead.

New Born,

I utilize a stock site call clickvolume.net , they have a dark bar on RIO which simply means it is not yet a buy......they have been pretty accurate. I will wait to buy when a gold bar appears the fundamentals on this stock are excellent ,and I will buy it at the appropriate time.

[New-born baby]

Not a call to buy

New Born,

I utilize a stock site call clickvolume.net , they have a dark bar on RIO which simply means it is not yet a buy......they have been pretty accurate. I will wait to buy when a gold bar appears the fundamentals on this stock are excellent ,and I will buy it at the appropriate time.

You are correct. What did they say about MOT?

[mooddude]

clickvolume.net looks interesting. What does it say about SNDA and PWAV?

[Runner]

RIO is looking pretty good right here!!

Sorry guys I’m Bear on RIO and steel in general. Appears to be a break down

[spikefader]

that low may be a false print. There is an inverted SHS there now, with neckline break at 39.00.

Bidding 39.00 with a 1% stop is a pretty good play here.

[Runner]

that low may be a false print. There is an inverted SHS there now, with neckline break at 39.00.

Bidding 39.00 with a 1% stop is a pretty good play here.

I think your right spike, needs to fill the gap.

[spikefader]

that low may be a false print. There is an inverted SHS there now, with neckline break at 39.00.

Bidding 39.00 with a 1% stop is a pretty good play here.

Well the first setup took your 1%, but the second one was clear and has you taking 4.5% today. (apologies for the green - I won't use that one again)

[spikefader]

Another 2% play today.

[Gatorman]

Right Entry?

Managed to get in yesterday at 39.05. That looks like a good entry. At least I hope that it was. Otherwise this was a NASTY week!

[sowersnc]

I would be happy to trade you your entry for mine of 43.7. 39.05 seems like good entry. The main thing we need is for China to keep up its demand for steel and we will be fine otherwise we will be holding this one a little longer than 4 to 6 weeks.

SCHNITZER STEEL SCHN a scrap metal play seemed to have ok things to say about steel demand going into 2006. Hopefully that translates into a good finish to the year and another 15% gainner.

[sowersnc]

He is some nice reading on expectations for RIO.

http://www.investor.reuters.com/Article.aspx?docid=8390&target=companyoftheday

[skiracer]

Actually if you were to be abiding by a 7/8% stop loss guide then at 7% the exit would be $40.89 from MM's initial entry of $43.97. Right now the position in RIO is only down 5.8%. This will be one of the leaders to take off again if and when this little correction we're experiencing reverses itlself or gives back a nice bounce up. $39 or lower would be a great entry.

[Runner]

I’m thinking RIO is at the make it or break it point right here off a daily chart..

[mrmarket]

RIO is going to make a lot of money. No matter what happens in the short run, it will hit my target (and pay dividends along the way).