At first it was fun watching the CBA shorts bang their heads against the wall. Like headless chooks trying to find any and every rationale they can think of to belittle the long term holders and justify that the current SP is an aberration.
Per Steins Law “If something cannot go on forever, it will stop.” So far though it has gone on but the kicker is Stein never said when So they keep banging their heads against the wall to the point where it is actually sickening to watch now.
Happy to hold, more than happy to add more closer to $145. A retest of the Sept 2024 high is as good a place as any. Closer to $140 on the 200 EMA will be nicer though...
CBA Price at posting:
$159.70 Sentiment: Hold Disclosure: Held
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So they keep banging their heads against the wall to the point where it is actually sickening to watch now.
(20min delay)