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Banks today

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superstar
Regular Contributor
I see banks are doing well today could there be any reason and how long may this last?
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sponono
Super Contributor
Banks by sponono on 06 Jan 07:51 Their technicals look promising: FSR, RMH and SBK. ASA still looks flat. -------------------------------------------------------------------------------- 06 Jan 07:51 [Reply] [Zoom Out] Re:Banks by Preston on 06 Jan 09:52 I will very weary of banks until the Rating Agency have completed its current exercise. Re:Re:Banks by Rams on 06 Jan 10:25 I am also staying out of banks for now or until I can get SBK for R65 Re:Banks by Quakedog on 06 Jan 10:52 Please dont say SBK R65, that will break me. Re:Banks by sponono on 06 Jan 11:10 from July 2010 SBK has been forming a falling wedge which is now broken. I think there's a better chance of the stock hitting R130 than R65. IMO. Re:Re:Banks by Rams on 06 Jan 11:20 I agree with your technicals ....I just remember R65 in March 2009 and I did not get in....and CPI when I thought R90 was too expensive! Re:Re:Re:Banks by Preston on 06 Jan 11:24 I also remember ABSA was trading at R85 and i did not get in. I guess that is now my entry price for ABSA :-)
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