Just gone short WBC. THinkin a sell after the rate cut regardless of the size of the cut, downside risk limited here as if runs through $16.60 i'll be out before the end of the day and plenty of upside is already priced in for today I suspect. Happy to be proven wrong but we're coming up to some fair resistance points on the banks and they'll need to be strong to keep going for mine.
tuesday tete-a-tete, page-13
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