peter pumkinheads death by a 1000 cuts tuesday, page-109

Since lunchtime I have been asking myself : Is this it?
Has the rot stopped? As low as we go?

Spectacular recoveries by our two market leaders, BHP and CBA off the lows.

CBA a whopping $3 off the low, and BHP $2.

And that is having paid scant regard to ASIA, dow futures or the rest of the market.

Not guaranteed, but BHP clearly was uncomfortable below its $36 comfort zone