I can't see the logic in your statement that "with the Dow doing...

I can't see the logic in your statement that "with the Dow doing well Friday night you'd have to expect a fairly poor day on Monday for CSL".

CSL is both a defensive and growth stock. With September/October being regarded as bad months for the stockmarkets I would think that your statement "play catch up from friday" would apply to CSL more than BHP, RIO and the banks which have done extremely well over the last 6 months.

You might be right, WBC reporting more bad debts and smaller profit growth could be a more attractive stock than CSL. I would stick to my prediction though. Stock re-rating is applied in stages across the various sectors. Last night in the US transportation and utilities were the better performing sectors. Overall, over the last 2-3 sessions in the US, health stocks have performed better than financials and energy. I'd think that the ASX may follow s similar pattern.