We didn't get the big bang China stimulus we were all waiting for. Rather just an overall promise to do what is necessary to achieve 5% growth. I was hoping for another repeat of last September... $38 to $46 in a month
I/O is still holding up alright and copper is on fire. This should be up in the $40s so all we can do is wait.
I'm using downtrends to sell into and buy back cheaper whenever I can. I did that over the last 2 days but today we are even lower. Wish I was paying attention on the fat finger $42 day last Thursday, that was a golden selling opportunity
BHP Price at posting:
$38.47 Sentiment: None Disclosure: Held
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