CBA 0.89% $130.70 commonwealth bank of australia.

as predicted, page-23

  1. 3,694 Posts.
    Hah, you want paranoia.

    Well most analysts say our banks got hit by asian sellers taking their money out to put back into their own markets. You'd expect the Nikkei to be the main one.

    It so happens that at the moment the Nikkei is down over 300 points. It looks like japanese investors aren't so impressed with the american dream today.

    So where's that money going to go? Surely not right back from whence it came. May be worth watching our banks this afternoon.

    Disclaimer: The writer has Fridayitis and is barking mad. Best to ignore him.
 
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