hi Mikey,
how can you call a bottom on the current economical fase ?
You have not seen the whole story just yet my friend..... from now on, there will be defaults from the subs coming every year.....and the first one last November were not the biggest.... many analysts are predicting a much larger reset defaults from the subs this coming November.....
How do you explain St. George ? they are a goner mate....the fifth largest bank in Australia....... banks don't go broke they MERGE......
More to come mate...... how is BNB going ? a $34 stock not long ago.....
Bottom ? hummmmm I don't think so.....
cheers
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