BHP shouldn't rise continually with respect to the possible Alcoa bid.
I guess its taking time to push further forward.
But in the short term, a retracement back to $35 isn't all that extraordinary.
I have no doubt it will push forwards shortly after it does or doesn't buy ALcoa. But no-one wants to be part of it paying a high price for Alcoa...
short term sell, page-23
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