wxyz
In an earlier post I provided a weekly chart showing a 260 week [5 year] Elliott Wave 5 projecting BHP's SP with a Wave 5 rise to about $60 by late 2010 [reference below]. I also pointed out that on daily charts Elliott Waves are projecting a Wave 5 drop to about $12.
IMO ATM "the jury is out" [ie. no clear trend] but our market is ~50% below the Nov 2007 top with just 50% left to zero! IMO BHP has a good chance of surviving the worst economic scenario that can be generated and barring an apocolyptic future looks set to emerge post this global financial mess as Numero Uno as a diversified miner.
IMO BHP is somewhat ahead of tax-payer bailed out financial orgs. which are really responsible for the current mess. Begs the questions; "What it a capitalist system without capital?"
At a time when US, Japanese & European capital has deserted our market IMO the intelligent money is now coming from China - why pay $big for Aussie dirt when you can have a stake in Auusie miners for a song?
4YIO -NFA
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Last
$42.06 |
Change
-0.930(2.16%) |
Mkt cap ! $213.4B |
Open | High | Low | Value | Volume |
$42.33 | $42.50 | $41.94 | $609.8M | 14.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5770 | $42.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.11 | 2807 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5770 | 42.050 |
2 | 534 | 42.030 |
1 | 3318 | 42.020 |
1 | 4 | 42.010 |
19 | 15912 | 42.000 |
Price($) | Vol. | No. |
---|---|---|
42.180 | 1000 | 1 |
42.200 | 300 | 1 |
42.240 | 8911 | 2 |
42.250 | 1866 | 2 |
42.260 | 32 | 3 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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