production report, page-41

im not a bear at all , ill go long when price dictates , that certainly isnt now. just amazes me on HC how everyone has a side . money to be made in both directions . sooner you work that out the better. we cant get them all right but as my signature says manage the possibilities

posted this 11 days ago . price 31.70

"while demand is low its in BHP,s best interests to keep production levels up , whilst it wont help commodity prices and it keep the pressure on RIO who are highly leveraged and at the mercy of credit markets . BHP are looking mean and lean compared to RIO and it wouldnt surprise if BHP have this in mind by not scaling back . way better to pick up select pieces of RIO at firesale than buy the whole lot warts and all at the top of the boom . technically looks like BHP is a sell in the short though and certainly better prices will be available for swing traders imo . "

......... bris