Hi John I'm long NAB as wellI don't think the resource sector...

  1. kman
    768 Posts.
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    16/10/04
    00:43
    Post #: 616832
    Hi John
    I'm long NAB as well
    I don't think the resource sector will do exceedingly well though. Island top reversal on BHP's chart is pretty sig. IMHO. I'm lookinf for it to fill the gap up at $13 before the en dof OCT. Banks will go up - less likelyhood of an interest rate rise and therefore less chance of mortgage defaults + safe haven status.

    Good luck
    kman
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    lightbulb Created with Sketch.  Great analysis
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