Have courage, and be kind.
- 13 January 2014
BHP goes ex tomorrow.
Anyone with half a brain who has held onto this through the building insanity in China, will sell tomorrow after getting their franked dividend.
Should take and absolute spanking especially if US markets are week tonight.
US markets may be deceptively OK due to end of month overbalancing so next few days. BHP - bad!
Maybe, But Iron ore prices are up over night.
If its down by less than its dividend plus franking I would take that as an up day.