why is sdl stagnating? , page-8

Hi donedeal,

I don't think Mitta is directly comparing SDL with BHP. What he is trying to get people to understand is that SDL is holding up well in respect to it's parent index, which is the XMM. Until the XMM turns around, it will be hard for SDL, and other Metals and Mining stocks, to swim against what is currently a very strong tide.

This is where BHP comes into the picture. He uses his chart to illustrate, which is done very well, that BHP IS the index. So until BHP finds support and turns bullish, neither will the XMM. Once BHP, and the XMM both turn bullish again, it should hopefully give SDL a little help along the way.

For anyone that's interested in the Post, it's #6706786

Here is a follow up post #6742877

Cheers,

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