ASX 1.54% $64.65 asx limited

massive broadening formation on the bank index, page-15

  1. 13,576 Posts.
    sliik ...my fellow trader 400k loss on your bank holdings is a big hit.....trying to recover from such losses quickly would be a diffficult task, in an environment as such...If u r still holding your banks i would suggest that u liquidate on the next bounce..To short the bank stocks from current levels could be a financial disaster...what we need the banks to do is rise a little and consolidate...if they dont show any life next week ...it would mean that the braodening formation that the index has formed would be much more aggressive on the downside than usual....i will post on the thread when i believe the time is right...again im sorry to hear about your losses....
 
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