XFJ 1.46% 8,898.7 s&p/asx 200 financial

the worst is ahead for banks, page-16

  1. 1,471 Posts.
    What now?

    NAB got nuclear bombed
    ANZ got the damage radius hits
    CBA got the radiation effects
    WBC got burnt potatoes (this was even before their announcement)

    As a professional trader, I would say if I had to own a bank (and I do) I will put fresh money in NAB when it bottoms. The thing is, with the wild swings the market is having, 14% day may not even be close to the bottom.

 
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