all it basically means is that following the market is what 99%...

all it basically means is that following the market is what 99% of us all do anyway- from fund managers, brokers, shorters and the list goes on.

that is defined as momentum investing.
OK- with BOQ it is a fact that credit rating was downgraded so everyone now thinks that profit will be slashed.
but the credit rating was downgraded because of an idiot called Scott Morrison. this imbicile tried to tax the big banks and ended up killing regionals.

so what do you think Turnbull is going to do to correct this disaster as the legislation has no chance of passing not only the pub test, but the senate?

he will ignore it and will hope it goes away, just like all of his other hair brained schemes of inconsequence.

cheers crazypunter