XJO
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0.42% 7,718.2 s&p/asx 200

friday's trading, page-95

  1. Calvo
    10,546 Posts.
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    15/08/09
    14:15
    Post #: 5512975
    There are blow-offs on every bank. WBC retraced 61.8% of its entire range... wowsers. Currently p/e @ 15 yielding 5%. That's getting a tad expensive with all the talk of "bad loans are still out there". Goldman Sachs has also retraced 61.8% of its entire range trading in a negative RSI divergence. JP Morgan has had a 300% rally and merely 20% off its all time highs.

    It's hysterical.
    XJO Value at posting: 150.50
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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