I think you have hit the nail on the head with the TD yield - there would be plenty of people happy with 5% yield (maybe more now after RBA yesterday) so why take the risk with equities. Plenty of landmines have gone off in single names of late.
Chart for this is not looking great right here and now and you would think we see 1.33 again. Few analysts around do like this however in addition to II. Still watching.
RUL Price at posting:
$1.38 Sentiment: None Disclosure: Not Held
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