acorn,
I'd respectfully disagree.
Have a look at the weekly volume charts of BHP, RIO, CBA etc... Lower share prices on decreasing volume (very low in some circumstances). Suggests to me the value buyers are waiting to enter at lower prices.
We've got lower to stabilising share price on (last week) 3rd highest weekly volume and currently this week 4th highest with another day and a half to go. Suggest to me the buyers think the bottom is in. At least I read the chart that way. I hope I'm right.
JT
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