Banks getting bashed again

  1. 16,815 Posts.
    CBA is 2c away from going under 70 dollars again.
    The other big three are steadily going down. Imagine if you have been holding CBA from the top of 96 dollars, that is a big loss, maybe paper untill you sell it but these banks could get a lot lower yet.
    I would not be surprised to see CBA at around 65 within 6 months and ANZ at around 24 or so and the other big two the same or similar.

    CBA is tempting though under 70 it will probably bounce a bit.

    Just my opinion of course which is worth 2/5 of .......
 
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