I was reading today about predicted price weakness for BHP in the next week. I don't hold any yet. Who might see any further price weakness as a good opportunity to buy? Generally I'm probably a bit negative on the resource stocks due to their well known booms and busts. I'm aware of the China story, but am realistic enough to know that it may not last beyond 2005.
The last round of price negotiations soured the relationship between BHP and China. Knowing the business style of the Chinese, I feel BHP may have done itself some damage long term.
Who sees RIO as a better alternative BHP long term?