"Xstrata has always been around since the staking of land, but Cliffs now is a major presence. That's got other Majors moving now, I suspect. I am sure Majors are now having board meetings to discuss this very thing: Buy soon before someone else buys it. "

We've heard this song before and I would say the song lyrics they are singing are...

"Wait til the sp goes down boys, the economy ain't done hit'n ground boys."

It's been a while since anyone has commented on the outside affects of the economy as opposed to FN issues, assays etc. Has anyone stopped to think that sp manipulation was equally used to keep the sp up for the stealthy to get out to protect their capital in a market that is losing it's bullish markings and looking increasingly bearish. Re-think the 1.48 to 1.51 range that played most of the day while trade after trade from the same institutions dropped buckets of shares. Yes some showed a net acquisition but note those that didn't. Just some thinking. Your call is as good as mine.