I'm struggling to form an opinion for Monday.
On my bearish hand, the dow dropped, futures down & AFG's announcement could hurt the market come Monday.
On my bullish hand (missing a few fingers now), BHP/RIO look strong and the banks have already been hammered. Maybe we can rally.
We are in a market where nothing would surprise me. Monday could be 150 points up or down and would just seem normal.
Everyone is confused.
Are stocks cheap when you factor in risk is the question? For me, I see little reason in buying in such a market. ANZ or NAB's 5 or 6% won't be enough for me to buy into the risk of the share price dropping when I can get 7% without worry.
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