Right now, I am buying trades which offer minimal margins and literally day trading them. So, today I bought ADY at 2.3 and sold for 2.4. I bought VPG at 5.3 and sold at 5.5.
I bought ANZ today at close for $12.06, put that on your fridge, although I probably would have sold it by the time you fill it. I will dispose of this on Monday. Medium term we will see ANZ at $10/$11 and NAB at $14.
I'm keen on oil based shares right now but feel we have further falls with a solid rebound in 2009 in thi sector.