WBC westpac banking corporation

Ann: Strategy Update - Westpac Institutional Bank, page-13

  1. 3,690 Posts.
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    Buying the dip was the call of the card for most of the day- across the ASX and Asian markets.

    Yet, bonds and oil are both high- different drivers but neither pointing to a quick global recovery.

    Oil up- not, I don't think, based on China bullishness but on tightening supplies from Middle East and Russia.

    Bonds up- but that can change as they become attractive.

    My strategy- looks for bargains on red days- do not get exited and overpay on green days. Something like that.

    IMHO DYOR
 
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