It's amazing to see BHP today high of $39.78 is only 1c away from all time high back on 13th of July. Despite all the subprime problems and concern of US economy slowing down and base metals come off from it recent high, BHP performent is very bullish but it could also means a toppy end of the market too. Tonight could be the night and BHP will either see a nice double tops on Monday or break out to a new all time high.
Foods for thought.
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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