The Lessons of History, page-6

crashy,

True, but if the banks drop another 10-20% (which I don't expect) then they will be that high. Believe that the fund managers see banks as a yield play anyway so any drops will in line with other investment yields available in the market. Don't forget the fully franked dividends crashy as they push ones returns up further through tax concessions. I will pay no tax by 2005.

Cheers and good luck.

Hell