Oh dear, CBA price now down $10.46 from the $161.70 top & going lower.
It was so obvious the $160 area was to be a top that even I sold the remaining CBA shares.
What was the point in not selling part of your holding, to at least profit from the excessive price. The price has now corrected nearly 6.5% & you criticised those who issued the warning. We cannot stop grinning. When the price falls further it will become a smile & if it gets back to the $120 area the last laugh will be on us.
On a day when the overall market is down about 1.5%, my largest holding was up 8.8%. I sure am happy I no longer hold CBA.
Incidentally, where are all the usual bullish comments about CBA today? Is your tail between your legs?
CBA Price at posting:
$151.92 Sentiment: Sell Disclosure: Not Held
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