BHP 0.15% $40.94 bhp group limited

gmc.....i would have sold out of bhp earlier.....but that is of...

  1. 4,361 Posts.
    gmc.....i would have sold out of bhp earlier.....but that is of no help to you.

    i am currently sitting it out for the next 1-2 weeks with a bunch of cash to reinvest. i think (or perhaps hope) that the dust will settle within that time frame and bhp's sp will recover somewhat. where the sp heads in the next 1-2 weeks is anyone's guess (perhaps $22...but i don't think even the charts can tell us where the sp will settle with too many variables in play).

    i was in a similar position last year....i sold down but not out.

    personally, i think bhp currently represents better value than anz (but that also depends on how the global markets hold up later this year).
 
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