Being long the banks is definately the way to go at the moment, esp. CBA.
The VIX is still above 40... it normally bottoms around 20, so, one would have to assume that this market wide rally has lots of legs still.
The best short would have to be NCP at $12.00 in a few weeks time (if it get to this level).
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Being long the banks is definately the way to go at the moment,...
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