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BHP Billiton Limited Message Board

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  • skiing782001 skiing782001 Nov 17, 2009 9:19 AM Flag

    Double top?? Input please..thanks!

    BHP is technically overbought short term. Does that mean it won't go to 90?.. no, but it definately way above its trading range..

    I cut back on a little .. nice to lock in profits but let some ride..

    8 years from now it will be much higher and all this short term talk will be a blimp on the radar. JMHO

    bottom line--good luck and who knows what days or weeks will bring??

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    • All I know is that the times are hard and difficult to handle but I did read this about the Chinese people:

      China, Hong Kong, and Macao

      "CHINA is earth’s most populous nation. Situated on the southeast corner of Asia and flanked by Japan and Korea, it covers an area of some three and a half million square miles.

      The majority of Chinese are farmers, raising livestock, poultry, rice and vegetables to feed the country’s 800 million people. Over the centuries the Chinese have built up a reputation for being very industrious and hardworking, and for overcoming adversity with remarkable tenacity. Traditionally they are Buddhist, with a fatalistic outlook. Their Buddhism is a mixture of ancient China’s Taoism influenced by the philosophy of Confucius, with ancestor worship playing a prominent role in family life.

      By tradition the Chinese family is close-knit. Families of the same province and who speak the same dialect form clans that can seldom be breached. Personal business becomes the clan’s business. To these Chinese, money represents power and is worshiped as a god, but their reasoning on the origin and purpose of life is almost nonexistent."

      Year Book of Jehovh's Witnesses 1974 p. 41 China, Hong Kong, and Macao

      Do You Fear the Dead?

27.23-2.17(-7.38%)Jun 24 4:02 PMEDT