Australian (ASX) Stock Market Forum

Garpal Gumnut's Charts

Hi GG...

Are you back in CVN yet? They have achieved and even exceeded expectations and are moving on track nicely. You know the drill about them...would you add to your positions for the long haul on this puppy?
 
I'm a very long term holder of bhp. 8 12 18 in the past from memory. Sorry 13 during one of the crashes.

So the word says we are in the crash of al lifetime.

If this is the case lets be cintrarian.

If this stock dips below $24 I'm in like flynn.

A chart is enclosed.
 

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I think anywhere between $20-25 could be a good LONGGGGG term opportunity.

I sold my long term holding in this (bought at $13) at $36 around Sep last year, and have been waiting for the credit thingy to unravel before jumping in long again.

Just not sure how must unravelling is to come...
 
This was a good pick up down there GG, I wonder if it'll have another major correction, or if that was it?
 
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