Hi buzbarker; I have owned ALL the retail bank stocks at some...

Hi buzbarker; I have owned ALL the retail bank stocks at some point in time with the exception of BEN & CBA. BEN is an interesting stock due to its community branch model which I am a fan of. BEN offers country people an alternative after the big 4 leave town which can be devastating for rural communities. So that's a big plus from me for BEN.

Commissioner Hayne has not done the regional banks any favors, especially his recommendations on ridding the community of the valuable service mortgage brokers provide. Looks like B.S. is going along with this plan which will play into the big fours hands hence the rise in the big 4 share price today whilst the regional banks struggle.

The banks make less money in low interest rate environments as their interest rate margins are squeezed (less profit). The RBA is sitting on the fence here but I cant see interest rates rising anytime soon (say 2 years) and they could fall if the economy stalls. A Labor government could put the cat among the pigeons and even cause a recession. Very bearish outcome for high yielding stocks due to their policies imo. 

Apart from looking at the fundamentals of any particular stock I consider PRICE, VOLUME & TIME as the driving factors. All markets take TIME to get to a top or bottom. Weekly charts often show the trend and daily charts are useful for determining entry points. I doubt BEN will be a T/O target so it will trade off its market guidance. I see head winds for BOQ & BEN as fundamentals are get stacked against them in favor of the big boys.

As the other posted wanted to know when someone rings the bell for tops and bottoms (fantasy land stuff) I will put my neck on the chopping block and say $8.25 late May. Lets revisit in May to see how wrong I can be? Thanks for asking anyway. Regards PD7.