cds counterparty risk the biggest threat , page-4

Well red, I am neutral on my sentiment on ANZ as well as the banking sector (thats why I am on the sideline).

I guess it is in-appropriate to compare ANZ with BNB as both of their business model are different. As of now, the sp prediction for ANZ can only be done by factor in all the provision as a write off. That should tell us the worst case scenario sp on the banking sector. Then eveluate the % of sp different with the market price. If that is within your risk margin, then its the time to start buying.

Also time and timing in the market are vital in this uncertain market. Short term, I see the DOW is starting to stablize. All IMO, input appreciated.