CBA 0.71% $96.66 commonwealth bank of australia.

looking strong, page-17

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    re: looking strong - maybe not I'd be a bit wary of the banks right now ...... a fair bit of negative sentiment over seas , volatility ref the dollar ... and bonds slipping .... and with questions regarding the ability to sustain earnings the way they have .....also some negative press creeping in ref property etc , and mortgage securitasation .

    Against that we seem to be having a fairly sustained rally in some of the over sold sectors - sure peanuts compared to the market cap represented by banks .... but a good reson for cashing in and switching .....
    all that made me decide to pick up a few NAB puts this arvo .
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