DJIA 0.31% 26,683 dow jones industrials

dead cat bounce, page-9

  1. 12,893 Posts.
    I Just noticed the difference in BHP and RIO for London versus here. They fell by 1.84% and 1.27% respectively last night.

    BHP in Australia $36.65
    BHP in London $32.96
    Difference 11.2 percent

    RIO Tinto in Australia $115.50
    RIO Tinto in London $104.45
    Difference 10.6 percent

    Has anyone here noticed this before. Surely there must be some people arbitraging this. I am staying short the ASX200 for now. I see further weakness in the resources sector especially given these numbers.
 
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