BHP 3.18% $44.74 bhp group limited

wxyzJust checked the latest chart for the DJIA - down 1.55% but...

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    wxyz

    Just checked the latest chart for the DJIA - down 1.55% but on VERY low volumes despite the strong negative SH reaction to Fannie Mae & Freddie Mac in reponse to apparently 'overstated' & sensational reporting by Barron at the weekend.

    http://biz.yahoo.com/rb/080818/fannie_freddie.html
    http://biz.yahoo.com/ap/080818/wall_street.html

    That appears to have taken the wind out of Klopper's sails overnight. After being well up early Wall St doom & gloom dragged BHP back, but at the close of trade BHP was recovering & ended up for the session.

    IMO the US is so shell-shocked atm that it doesn't appear able to distinguish between cash cows & lemons.

    4YIO - NFA

 
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