CBA 1.12% $144.45 commonwealth bank of australia.

$62 by end oct / mid november, page-30

  1. 2,558 Posts.
    lightbulb Created with Sketch. 181
    not this time


    I think you going to see a shortlived fight around low 68s but when breacks will be decisive - look cba had a good run but its been falling since mid 2015


    compare that with audusd - thats just one factor not in favour - eg if u a os fund manager and you think aussie falling and banking sector falling and therfore yield diminishing in usd terms what do myou think these guys are going to do - they not going to short they going to sell


    sure maybe some shorting but the swf and long only funds will sell and it will hurt. 

 
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