BHP 0.05% $43.34 bhp group limited

baltic dry index rises sharply by 182 to 1498, page-20

  1. 4,582 Posts.
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    Interesting reading all yet I would like to throw a couple thoughts, I only deal in two as it makes things easy to comprehend and analyse. All recoveries after bearish 'attempts' happen along the lines of two things:

    1) 'American Action' - They are the top of the food chain and although I like where China is heading they can never truly be in control. What America says is key to this recovery and 'Obamarama' is going about his business the right way.

    2) Rather than look at TA too closely at the moment think outside the square even further and have a good hard think while outside the square. This week was a crucial indicator and in my personal opinion, if the fall did not happen this week back to test the Novemebr lows it is not going to happen.

    Also Rob still awaiting your 'Trade the Trade' notes.

    Cheerio Nikess.
 
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