Hi Speves,
If you are interested, can I suggest this link
http://www.candlesticker.com/Cs29.asp
to be representative of what the market might be thinking, as this is the current price pattern on the relevant feature.
To the others out there, I have not specifically said it before, but I have absolutely no clue what any company or share is "worth". I simply go by the price and volume on a chart. I assume that everybody else does the fundamentals on whether there is a profitable commodity involved, they know what they are doing (seeing as how it is their money on the line), and that the trading activity reflected in the chart is an expression of their 'collective' opinion, which is as up to date as the data, including that of the game players, faders etc.
Based on that 'blurb', the intermediate trend for BRM is up, the candlesticks for the last 'feature' are moderately bullish, I am well and truly in profit, the chinese manufacturing data is bullish, so the IO sector is one I wish to be in. BHP is about to perform the "golden cross", is still a potential buyer/partner; and I cannot see any compelling reason to exit my position, or any reason to doubt why I entered it.
On another matter, it's a 4 day weekend, so if anybody from this thread wants a chart on anything else interesting, even remotely to do with any of our discussion topics, feel free to enquire. I am attending a wedding tomorrow, but any other excuse to avoid gardening duties would be well received.
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