XJO 0.37% 8,224.0 s&p/asx 200

redbacka's - blue funk thursday, page-61

  1. 4,710 Posts.
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    Andrew a couple of points;

    BHP is unlikely to fall fast, it has a great deal of overhead however insufficient momentum drivers so the decline should continue to be orderly.

    XMJ - did you mean broke support?

    RIO doesn't have the impact it did of years gone, collectively finance and telcos are now greater than the drivers of XMJ. BHP has had pressure for some time which has not been expressed into other sectors. I,m not saying dismiss the two however there is a balance that wasn't there six months ago.

    Cheers
 
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