BHP 0.90% $43.56 bhp group limited

WXYZ: But, i cant see a breakout having any legs, who is...

  1. 1,258 Posts.
    WXYZ:
    But, i cant see a breakout having any legs, who is seriously going to buy BHP at $35+ in the current climate, no way....not even for the pigeons.

    That's a really valid point.....There's going to have be some sort of major change in sentiment for that to occur...and backed by the belief that sub 35 will not be revisted....

    There's too much selling at 31...I think it will go sideways for a while and I wouldn't be surprised to see it slip back to 24 before it goes back up...


    I don't like sideways movements....it reminds me of trying to jump over a fence when you are standing right next to it.....pretty soon you have to retreat and take a run up to it...

    There's also every reason for the market to fall back and not many to suggest otherwise....maybe I am turning into a bear:-)))
 
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