time to short bhp, page-22

Metals are up again on LME tonight
SPOT PRICE IS OPEN
Price: US$/lb


Copper August 23,04:14
Bid/Ask 3.3424 - 3.3514
Change +0.0522 +1.59%
Low/High 3.2993 - 3.3605
Charts

Nickel August 23,04:15
Bid/Ask 12.9848 - 13.0756
Change +0.2948 +2.32%
Low/High 12.6900 - 13.2797
Charts

Aluminum August 23,04:31
Bid/Ask 1.1202 - 1.1225
Change +0.0068 +0.61%
Low/High 1.1134 - 1.1316
Charts

Zinc August 23,03:48
Bid/Ask 1.4329 - 1.4420
Change +0.0204 +1.45%
Low/High 1.4102 - 1.4510
Charts

Lead August 23,03:49
Bid/Ask 1.4189 - 1.4280
Change +0.0499 +3.64%
Low/High 1.3690 - 1.4393
Charts

I bought BHP on Friday at 32.65 average and out at 34.17

I really woudl like to have a long term holding of BHP but keep getting caught up trading the gyrations-all the research I read indicates $50 within the next 2 years.

In the short term I feel it may give up some ground soon...am cashed up sitting on the sidelines waiting for this (not enough guts to short the thing).

Ajax