On 11/04 on this thread one nitwit wrote: "Surely the best adage is: 'Buy only when you have absolute faith the SP is very very good value(i.e. bargain price).' I don't feel that way about anything right now and certainly believe BHP can break through $33. If it goes below $30 then we'll be in a huge recession. Hence, $30 doesn't mean the stk is a bargain. Everything is uncertain. Best to sit on sidelines imo. Patience needed now... more than anything else. "
Well I'm seldom right but 'patience' is proving to be the key ingredient for would-be BHP buyers. However, i find it hard to follow my own advice and wish i was far more disciplined. But at least with BHP i have waited and waited. Being bullish on oil I'll eventually buy some BHP.... even though oil/petroleum constitutes only 25% of income (as an aside I'd rather open-an-artery than buy WPL or STO). I simply can't find ANY true bargains n the ASX right now. All my shares are falling with exception of ORE and a couple of small caps eg. WCL.
what to do if bhp hits $33??, page-191
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$43.40 |
Change
0.410(0.95%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $43.52 | $44.03 | $43.40 | $362.0M | 8.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14238 | $43.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.44 | 25000 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |