bhp getting hammered , page-4

now 9% and falling fast, dow down "only" 2%.
market sentiment is absurd. we are to beleive that investors entered the market the last few days becuase a new president would save the world. that same market apon realisation now indicates it beleives nothing will come of this and begins a new decline, this has been repeated with other events eg g8 summit, bailout etc. cash may be king atm however if you have the capital and its not tied into an oversold stock, you have an exelent short term trading op, such volatility will probly never happen again. everytime the papers call it black friday you buy, wait 1-3 days and sell on news that obama has decided to have a crack at the credit crisis and sell on a high, rest assured that same stock will be a bargain again next friday