NAB 1.43% $39.05 national australia bank limited

I think they will overshoot on the downside with more bad fiscal...

  1. 9,081 Posts.
    I think they will overshoot on the downside with more bad fiscal news linked to the sub-prime fiasco still in the offing.

    I would steer clear of the finacials until the dust well and truly settles.

    So ... more downside to come in that sector, I reckon.

    Best to wait until it is clear that 'the worm has turned' rather than try to pick the bottom.
 
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