Our bank's getting smashed. CBA was down 2.2% now 1.6%. NAB down 3.1%, WBC 2.3%, ANZ 2.8%. ANZ is sitting on a 3 1/2 year low and $23 support looks like being tested. NAB has also hit a 12 month low. This is typically the time when people buy Aussie bank shares for the dividends. You got to wonder what's happening in the world economy when banks are being sold off so heavily. As I said before Deutsche bank down 9.2% and Commerzbank down 8.6% last nite on the Dax and US banks also sold off heavily even after a last hour rally.
