CBA is not GOD and everyone including the best traders and fundies can and will make mistakes.....the difference is fundies have massive capital and it is not their money and they can hold on for years. Any one that buy any top 200 today at todays price probably will do well in 10 years time. Different story if you try to make some money on weekly or monthly basis for a living where one has to pay bills everyday. Nothing right or wrong but big fundies and hedge funds lost billions at the last GFC and they are supposed to be the best and yet they lost the most. Traders will have their own ways to trade and listening to CBA and the rest could be the worst decision one can make. Not only that CBA and other big boys sometime don't care day to day fluctuation so much as traders or option traders.
Cheers,
QBE Price at posting:
$18.34 Sentiment: None Disclosure: Not Held
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