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BHP $32.40

Big RIO / BHP gains in store today

  1. xerxes_ph

    9,081 Posts.

    Both stocks should post hefty gains today, given BHP's drilling success in the Gulf of Mexico and the very strong rises both stocks experienced in London overnight.

    Maybe a an advance indicator that commodity prices are in the increase and that. contrary to all the gloom and doom talk, economic recovery and a market bottom is not all that far away.

    Buy in gloom is always a good motto - we may not be at bargain basement yet - but we could be near the lower ground floor.

    Time to get hold of some bargains perhaps.


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