BNB babcock & brown limited

tough day on monday

  1. 128 Posts.
    May well be a tough day on Monday after Mr Consistency GE missed by 7 cents !!
    The only saving grace is that the financials on the Dow didn't really do too bad.
    What happens to bnb on Monday is anyones guess.
    Wouldn't be suprised to see it drop quite a bit. This would be a damn shame after seeing the close from Friday sitting on minor support, ready for a breakout.
    If it drops we may well see a test of the supprt of around $12.00 over the next few trading days.
    That would be the end of our higher low as well.
    Still Monday could turn out ok but I'm not confident in that at all.
    Have a good weekend all
    Public holidays over here for three days next week, off to Cambodia now.
    Cheers
    Chang
 
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