wednesday wipeout, page-27

Caylus, I think it depends what your definition of 'foreseen' is. You might recall I said I was closing my shorts to be safe, because I suspected we were about to rally. Your response at the time was, "no rally here buddy".

If you want to have a look at my current 'foreseen' opinion, I put up a BHP chart yesterday of where I expect it to run. This will bring it back to what I consider the broken trend-line. ie some more up yet.

I like to play the percentages and catch around 80-90% of a move. I won't always be buying right at the top, and won't always be selling right at the bottom.