XJO 0.46% 7,953.2 s&p/asx 200

friday night at the bear cave, page-29

  1. 2,473 Posts.
    volt

    i noticed today that BHP was down a dollar on reasonably high volume (24 mill shares), I've noticed that every other down day we've had in recent months BHP falls, but on fairly light volume, (like 5-12 mill shares), so for that reason alone I thought today was significant, and may indicate a change in sentiment on the markets.

    Bernanke saying he will not bail out investors is probably the single most important thing he has said all yr, and by far the most bearish.

    it may be too early to say, BUT, sentiment might be changing. i knew something would trigger it eventually.

    if it hasn't, why was BHP down on above average volume today?
 
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