BHP 0.37% $43.40 bhp group limited

ripe for shorting?, page-27

  1. 1,356 Posts.

    BHP
    Posted 19/08/03 14:47 - 1 reads
    Posted by frankiedee
    Post #126124 - in reply to msg. 125855 - splitview

    BHP loves to do an 'Island Reversal' any time it nears these 1.382 ratios. (10.83)

    Tomorrow will be interesting because over the past 2 years BHP normally would not spend more than a day above this price within the current quarter.

    +++++++++++++++++++++++++++++++++++

    ADRS in o/s closes BHP at 10.69, this sets up the Island reversal I mentioned yesterday.

    Still like to see BHP under 10.66 to feel comfortable.


    http://datafeeds.com.au/amtrade.html

    GET DYNAMIC!



 
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