Bull Market posts, posts that support the Bull Case, page-160

"Do you think if the inflation rate goes above 7% that they might act and play catch up? Surprise everyone but then justifying saying that we did warn you?"


In my opinion, the RBA appears to have an undisclosed agenda that defies explanation.

Predictions about the RBA are hazardous, but in my crystal ball there are some hazy pictures emerging. I think that there is a real chance that if inflation stays around 7% then the RBA will pause. For the RBA to raise by 0.5% or more would probably require inflation to have gone out of control and be at least 8% with good prospects of going even higher.

If either of these scenarios eventuates then there will be some unusually volatile days for the XJO up ahead - which might be good news for alert traders.