banks full steam ahead, page-11

The US Banks have so much exposure to bad debts which is why their SP's are getting hammered ... compare this to the small amounts that aussie banks are exposed to similar debts and it just seems like ours are going down in sympathy with theirs....aussie banks still making good profits and paying attractive yields

when the US starts to bottom out our banks are going to go on a tremendous run so its just a matter of holding and being as patient as you can....if you are a nervous nellie when your holding bank stocks then you really shouldnt be investing in the stockmarket!!

my advice is just to relax, accumulate when you can and take your wife out to dinner when the dividends come in to keep her off your back.

no luck needed on bank stocks, just patience