Far be it for humble mois to contradict Buffet. But for months the doomsayers have been talking up a US recession, and all the data keeps proving them wrong.
The US economy has withstood a government preoccupied with the Iraqi war, a subprime fiasco, increasing inflation, record high "gasolene" prices (equivalent to $1 a litre in Australia) and a falling $US dollar.
In any case, I reiterate -- China's main market is China.
The last few weeks certainly have seen good buying opportunities, and BHP has rebounded to December's level.
macd says sell bhp, page-5
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Last
$41.56 |
Change
0.100(0.24%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.31 | $41.56 | $41.02 | $239.0M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $41.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.57 | 9916 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |