bhp price traget 16, page-2

Mate, good on ya!! good points and you put your money where your mouth is now that is a trader.
To me that kind of scenario can happen but highly unlikely
but having said that I am fully prepared and willing to open my mind to any possibility in market.

If that event happens I would be the first to buy in at 16 and take bigger margin.....still cant see Chinese, Indian
collapsing.

Still waiting for BHP to fall under 30 and it is not there yet...I am a long and at some point would increase my long if it keeps going up along with a change in market trend.

If market gets a few more so "called" good news from Europe or US or Chinese they can trigger a massive short covering, today is a small example of what it feels when shorts and longs buy into the market, a real short covering and panic to the upside will increase the magtitude of buying 10x

I could not care less if EU collapse or Greek gets out of Euro as long as I can make money...as we are all vultures and make money from someone elses blood.

Safe trading.