Got it wrong I did

Ohh well the RBA does what it says it needs to do. Up 0.25% or 25 basis points just a minute ago.

This should well and truly cool the housing market now.

 

Rates up today?????

Time will tell but those of us here are split on whether the RBA will or will not raise rates today. Personally I am hoping that the cooling we are seeing in housing will be enough to put the brake on the RBA for this month at least.

After all the RBA Gov said that if they had known the pullback had occurred in housing before the last rise they would probably have held off.

So who knows maybe this time they will heed their own advice!

One of those days

Just one of those days today ASX opened up then looks like spending the rest of the day going back to its starting point.

Up 8 points as I type and flat as a tack. looks like we have started Easter early here

 

The Oracle

 

XJO on the edge

Ok my trader sense (bit like spidey sense but different) is twitching and telling me that the island reversal we are getting today is a sign of things to come.

the Oracle

ASX 200 up for lunch

The ASX 200 is up for the day and at lunch 31 points with everything going along just fine. Our MQG and PPT shares are up well .

 

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Things looking good for the ASX today

The DOW was up 102 points S&P500 8.36 It has got to be looking good for a great day for us.