Now i know alot are scared of the banks and this is not the best place to post it but i have mentioned it at NAB
Im not gloating, but i have a 10% long trade off the NAB lows, so i guess we all see things differently. I beg to differ on the views that our majors are comparable to world banks i think they are much better. Sure it hasnt been easy going against the tide and maybe its going to be tougher
Also consider this
If NAB sp returns you 10% for the nex 7 yrs it will only just get back to the old highs, now along the way you will get divvy's. Sure it may or may not go lower but gee not a bad return is it.
Sorry for posting bank's here but without them and BHP working together nothing will pull the markets away from the lows.
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