I wonder if Don Argus knows at what price level commodities will rise before it becomes "too expensive" and therefore demand waning.
I suppose many forgot that BHP fell from $8 to $4.50 between 1997-1999 in a two year downtrend. Then again between $11.50-$8 between 2001-2003.
Yes, since then it has gone to the stratosphere to the current price level of $30 from $8.
The faster they rise the harder they fall!
I think a two year downtrend in the current "supercycle" to approximately $19..is More Than Needed.
dare you to short this..., page-19
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$38.85 |
Change
0.210(0.54%) |
Mkt cap ! $198.6B | |||
| Open | High | Low | Value | Volume |
| $39.01 | $39.19 | $38.85 | $162.7M | 4.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2251 | $38.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.85 | 2879 | 6 |
View Market Depth
| Last trade - 13.29pm 05/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |