NAB 1.54% $36.43 national australia bank limited

re: words of advice...goblin Hi Sir Goblin,Just thinking about...

  1. 1,461 Posts.
    re: words of advice...goblin Hi Sir Goblin,

    Just thinking about the very short term problems facing NAB.

    The div due soon.

    The poss AMP take-over.

    Maybe these 2 items will put some downward pressure on NAB appart from the DOW.

    If you look at the NAB chart since Feb 2000 then the downward trend over the past week has broken through this upward trend line that started in Feb 2000.

    So I ask the question - Poss' the NAB may touch the recent March 2003 support of $28.50 or even lower ?

    Anyway hope you get my drift.Not bashing the NAB just some food for thought.

    Cheers

    "good morning boys"
 
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