I'm both a fundamentalist/technicalist (if that's a word).
I buy good fundamental companies but use technical analysis to identify good buying points.
There's $100s of trillions of projects that need to be done in not just China but heaps of emerging markets like Eastern European ones. India/SE-Asia and the allmighty US needs to replace its infrastructure as well and the government is spending billions to do so.
I'm just finding it amazing that just a month or so ago most in this forum were in euphoria about Chinese demand when BHP hit $50. Suddenly when it drops 30% - which is so normal for BHP in every correction - you get the same people going OMG DOOM'N GLOOM ITS ALL OVER.
Please make up your mind!
BHP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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