pdn thru 5 buks...u must be buying cases of tequila after that.
to me its got 6 buks written all over it, from watching it go down and losing on the way down.
wpl is nearly up to the same level at that period too. bhp aint.
i loathe spreads too, but i guess its one tool u traders use re arbitradge. thats partly how i wondered u managed to get shot of yr dmm.
i like these rallies when every man and their dogs saying correction/crash. i presume u r getting shot of yr gir today or in a dillema now whether to hold or not.
with an impending ato visit im a bit hesitant re offloading much.
rather than call yrself a goose, just admit that that tiger has no need for dental appointments anymore.
protectionisim is being threatened re america and the old europe. now that stuff could really ruin trade.
fonterra in nz would b screwed, as well as all the debt burdoned diary farmers.
with this sort of .... being thrown around, i'd say asia and its cohorts growing even stronger longterm. from my limited economic knowledge, it just doesnt help the proponenets longterm, fiscallywise as i see it.
ironically this weekends iron ore negotiations commentory, mentioned how the chinese were warning that setting too low a price will ruin the local ore market, thus more dependant on bhp-rio(i still can't see how the two cant get togeather in some form and won't).
spear a nice fish for me, groper r good. here they seem to keep them as underwater pets rather than spear fodder.