We can hope this or that but none of us can see the future.What...

We can hope this or that but none of us can see the future.

What we see today was REAL and some traders lost their nerves and sold into the strength and the weak hands followed but the buyers came back toward the end and still managed 1 cents up so for today WBC was in the GREEN.

I did not expect it to be the weakest of the 4 banks but the REALITY is it was the weakest.....reasons are not important.

My bet stays the same and will top up after ex date but believe it will go higher first and there is a chance our index will rally into Xmas and the worst for our market maybe over already....... a brave call.....but we gamblers need to believe in our judgment.

If it was to happen then index stocks will march higher and banks included......

A full blown trade war would be the biggest risk going forward and not the housing market....some traders believe housing crisis like GFC style would come to Australia and that is too far fetched.

Migrants are still coming into the country and all need a place to live.