a rally is on, page-43

Mike Hunt rules. Now out of the short below. If the banks bounce hard the market will probably make an ejaculatory reach for the moon. The risk is there. It remains possible the US will just die. Thinking bout an NAB long here tho.

Code: XJO - S & P ASX 200 Index (Google XJO) Post: Views: 1155
Posted: 12/11/07 14:23 Sentiment: Buy Disclosure: No Stock Held From: 202.173.xxx.xxx

and there is a global banking problem. NAB is pushing recent highs largely because of rotation out of ANZ and people hanging on for the div? I'd say it has the potential to correct very very hard when its finally realised buying the dips is not going to cut it.