The iron ore majors are taking shellacking today but not enough! BHP and RIO are both bouncing through the day as the bottom-feeders presume oil and iron ore have bottomed (at least for today). FMG is bouncing as well but it fell 10% to below $2 at the open, within spitting distance of its GFC low, so is still down 5%. Here are the indexes today:
The idiocy spreads are paused before any push closed:
The juniors are still guzzling the hemlock:
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