Chalco and Alcoa increased stake in RIO
Don't think we'll see $2, but here's my take on ACH (and market as a whole).
This is classic history repeating itself- market will slowly gain over the next two months (taking ACH to around $18), it will give into panic as we retest the lows of last week (ACH will act accordingly), then we bounce and turtle-speed upwards for the next 6-18 months (Dow will top 10k again and ACH will settle in a range between 20 and 30).
Happy trading the near term 'W' pattern