BHP 1.09% $42.68 bhp group limited

I agree mongoA lot of people are using "shorters" as the...

  1. 2,717 Posts.
    I agree mongo

    A lot of people are using "shorters" as the justification for BHP's fall. It may be true, or partially true or not true at all, but it is very dangerous financially to put all your eggs in the one basket ie it's shorters, because if it's not the case you will ride BHP to the bottom (wherever that is) with the expectation that the shorters will have to cover sooner or later & the sp will spike up strongly ..... but what if the correstcion is not because of shorters????

    Reality is that even a share that appears to be a fundamental buy or hold (theoretical world), should still be managed technically (in the real world)
 
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