Final nail in the BHP coffin. Hmmm... Let's look at today's chain of events.
Anticipated 3rd quarter China GDP was 9.7. It came out at 9%, so under expectation.
Final nail? The news came out at 1 pm today.
Minutes later the BHP share price slipped slightly as the wobbly-kneed hit the panic buttons.
Not long after, as the news was digested, the price rallied and was given an even bigger spurt at the closing auction.
Some nail. Some coffin.
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