ANZ 0.86% $30.66 anz group holdings limited

ANZ having a good day today....dead cat bounce??????US banks...

  1. 4,837 Posts.
    ANZ having a good day today....dead cat bounce??????
    US banks went well last night..Why????.......investors given 7 days to close shorts on 17 US financial institutions.......Slikk i think you will find most if not all are members of fortune 500.....this new law was not introduced becouse the companys are all healthy......


    http://money.cnn.com/magazines/fortune/global500/2008/full_list/index.html




    http://www.onwallstreet.com/asset/article/625831/news/short-sellers-face-july-21-deadline.html?pg=





    so expect it to be a short term kick and then most likely resume downward trend...
 
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