What is that expression about when it is at the gloomiest sell off it is the time to buy? LOL
This is a nice recovery especially when I read that overnight BHP was sold down 9% in London! I suspect it is a case of those who did not short cover yesterday paid the price today and maybe the same for the bulls today?
If the selloff continued today it would have been detrimental to the direction of where valuation is heading.
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