Normal
We will have to wait and see Zaxon. Years ago I used to watch the S&P rebalance like a hawk and had a thread on another forum with the quarterly announcements. There didn't really seem any hard and fast outcomes. The thing I did notice to a certain extent was companies dropping off lists sometimes went up, my imagination painted a picture of fundies selling the stock up to get out of it. Other going onto a list tended to fall, again I imagined the fundies buying lower as they accumulated. However this is not something to bank on as it was never consistent.I think in MGX and all the iron ore stocks will rise and fall on the iron ore price. This is all going to depend on China growth along with the rest of the world. Currently the chat is slow growth from now on. However, that is this weeks news, next week may be boom times!
We will have to wait and see Zaxon. Years ago I used to watch the S&P rebalance like a hawk and had a thread on another forum with the quarterly announcements. There didn't really seem any hard and fast outcomes. The thing I did notice to a certain extent was companies dropping off lists sometimes went up, my imagination painted a picture of fundies selling the stock up to get out of it. Other going onto a list tended to fall, again I imagined the fundies buying lower as they accumulated. However this is not something to bank on as it was never consistent.
I think in MGX and all the iron ore stocks will rise and fall on the iron ore price. This is all going to depend on China growth along with the rest of the world. Currently the chat is slow growth from now on. However, that is this weeks news, next week may be boom times!
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