ninelives,Despite my call of a bottom, you could be about right....

ninelives,

Despite my call of a bottom, you could be about right. We'll wait and see.

I reconsidering a little my original call of a bottom. I'm now thinking the unexpected push down on Friday may actually have just been as insurance against a rally (and probably also to manufacture a bounce), but not the bottom.

This is because BHP only got to $24.40, not $24.00. Also, looking at RIO, its low was only $61.83, not $60.00, when, with support/resistance levels of $85 and $72.50, $60 really should have been hit - so at the moment they both appear to be incomplete moves down.