NAB 1.46% $38.18 national australia bank limited

for the oldies ..., page-10

  1. 330 Posts.
    Thanks gents for your thoughtful feedback...

    I guess it's a horses for courses scenario, as the last election was pretty much done and dusted (with the children overboard thing and all the boat people etc) and possibly the market felt safe that it would be business as usual under the Liberals. This time around if Labor comes out with a load of unfunded promises and a wobbly "tax package" but is showing well in the polls and gets the greens prefs then we could expect things to get a bit shakey ... and possibly take a negative turn if they were to get in ...

    In the short term then it should be business as usual (I can still expect my bounce on Monday) but watch closely at who looks favourite to get in, ie: Liberals=Short term UP - Labor=Short term Down.

    Tks again for a useful discussion.

    YO
 
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