BHP 2.04% $39.60 bhp group limited

hi ray b 2.yes the lack of a bounce of the $36.50 is a...

  1. 582
    692 Posts.
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    hi ray b 2.
    yes the lack of a bounce of the $36.50 is a concern.
    the longer we sit on this support with no bounce the bigger the chance of us falling down to the next level of support $34.07-$34.70.
    a flat fed statement last night ended the bounce on the dow, looks as if the usa is in for lower growth longer term.
    i see on page 13 of the fin review, the world bank has upgraded the growth rate in china from 7.2% to 8.4% for 2009.
    yes there could be more down side to the sp but a co with links to the fastest growing economies in the world is where i am happy to park my money longer term.
    have a good one.

    582





 
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