thrashed thursday night, page-32

news that is true particularly after a down trend, and that certainly happened to BHP back in Feb this year, was down on higher volume and then some up days on high volume and in some cases very high volume.

in the past few months BHP has risen on strong volume, fallen on very light volume, in the past week it has risen on very light and fallen on heavier. yes, there are buyers, but there are obviously more sellers, otherwise price would not have fallen as much. the range of the falls should also be much smaller than they are - if buyers were stepping up it would have recovered its price today - that DID happen a few weeks ago, but not in the past week.

the double top i mentioned a few months back (and scolded at by some) seems to be gradually forming.