I got a money box, some plastic golf balls and tees, a couple of...

I got a money box, some plastic golf balls and tees, a couple of bookmarks and several cards for father's day.

Now down to serious business.

Take a line through the lows, end Mar, end April, early Aug .........

Take out the 'gap down' trade at end of Aug and line up 7th Aug with the low at the end of June.

Both these point to BHP trading below $8.00 in a week and a half. Also the % drops from recent highs indicate that below $8.00 is achievable.

The week and a half is a bit of a guess based on the number of days between significant lows over the past couple of years. The last two significant lows did not conform however.

If none of the above happens I won't be out of pocket.

The longer term chart suggest BHP could be about to turn.

Your comments would be appreciated.