We have had long discussions on the XJO thread about the 29/12/08 being the date that the market may turn down. FWIW I can see a good deal of evidence to support that notion. And referring back to the AU, UK and US BHP charts I put up on the weekend AU is the odd man out IMO. the UK and US show BHP having a last gasp inside the top of the rising wedge....one can imagine by the 29th they will have broken down. However the Australian chart has already broken which is inconsistant with everything else I think will happen. On that basis perhaps we may even see the aussie sp retest the bottom of the wedge this week ($32 ??) before taking a nose dive
green green, page-33
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