If you want an idea where China is headed and possibly commodities as well, AND our market, follow this link DAILY.
http://stockcharts.com/h-sc/ui?c=$czh,uu[h,a]daclyyay[pb30!d7,2][vc60][iuh20,5!ld5]
LOOK at the thin blue line, the 30 day moving average.
Since late August,the China index tried 4 times to "breach" this line.
Does that remind you of the same in BHP?
In this slide, even when the stock price gets over this line, I venture to say that it will drop once again.
Cheap petrol for December?
Absolutely!
GM, Ford, Chrysler going bust and shutting their factories in December?
Probability is rising.
Will the All Ords reach 2500 soon?
I say, very possible.
Look at the fall in the All Ords in January this year, this is much the same.
It's happening AGAIN and we're not done yet.
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Last
$40.90 |
Change
-0.730(1.75%) |
Mkt cap ! $207.5B |
Open | High | Low | Value | Volume |
$40.75 | $41.70 | $40.66 | $401.8M | 9.823M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15866 | $40.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.90 | 9149 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15866 | 40.890 |
1 | 244 | 40.880 |
3 | 2476 | 40.870 |
3 | 4099 | 40.860 |
7 | 5113 | 40.850 |
Price($) | Vol. | No. |
---|---|---|
40.900 | 9149 | 2 |
40.910 | 14025 | 2 |
40.920 | 12397 | 1 |
40.930 | 14194 | 2 |
40.940 | 11756 | 1 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
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BHP (ASX) Chart |
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Michael Thurn, CEO & MD
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