Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I’ve been watching BHP Billiton (BLT) closely for some time now with a view to trading it. It is currently at close to a level where it looks a very tempting short, even more so if we were to see another little rise back to the 1950p to 2000p area.
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