re: analysts downgrade macbank $70.00 was a short....and is indicative of a coming correction IMO. The financials are looking rocky.
MACQUARIE BANK (MBL) down $1.15 to $61.85: Remains under
pressure amid market disappointment after comments Macquarie expected
full-year profit to be only "slightly up". Yesterday's rally to $64.65
proved shortlived, with the shares ending the day down 45c at $63.
MBL
macquarie bank limited
***mbl kicked in the guts****, page-19
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