Just wondering the same. XFJ - the financial index looks like it has just brocken through resistance at 4500. 65% of times banks will rally before the divi (see egoli website). No obvious trend changes apparent on the charts. I just purchased some ANZ calls - better the devil you know i guess but the other banks look good. NAB is the wildcard but would likely be the most profitable if it has a good report - i try not to gamble. A close above $28 and i would probably be calling long on NAB. Will see
good luck
kman
comments on banks, page-2
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