I am afraid I have to add you to ingore list Geezer. I am endevouring to improve my hotcopper experience by only reading quality posts that generate balanced debate. Daily posts about BHP crashing (which don't evenuate) are time wasting and just a pain really.
Only half of commods are down at present and BHP London lags us by a day, so it still has value to correct.
Refer: http://newsvote.bbc.co.uk/2/shared/fds/hi/business/market_data/commodities/default.stm
At any rate, oil will probably get bid back up once the US market opens, so we will see tomorrow but nonetheless...I am exhausted by the rubbish you post up without any credible sources.
It was also LME stocktake on the weekend, so the numbers do not reflect the actual stock positions and are naturally bid down when a lack of visibility by buyers occurs. It could correct this evening or tomorrow for the upside but I am sure you have taken this into consideration in preaching the collapse of the SP.
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$45.96 |
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Open | High | Low | Value | Volume |
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1 | 22 | 45.900 |
1 | 237 | 45.850 |
1 | 45 | 45.820 |
3 | 471 | 45.800 |
Price($) | Vol. | No. |
---|---|---|
45.970 | 2273 | 2 |
45.980 | 3319 | 6 |
45.990 | 44264 | 11 |
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