Wednesday, March 11, 2009

Closing ANZ

Sold remaining part of Australian And New Zealand Bank Group (ANZBY.PK) today. Maybe some banks are OK now, but Australian ones are way too connected to two dangerous places: commodities, especially gold, and China. Of course, most of my readers would say that these places are great. So be it.

Full disclosure: at the time of publication author did not have any positions in AMZBY.PK. Positions can change any time.

Seeking Alpha Certified

No comments: