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  1. MichaelW

    Housing recovery hopes dashed

    Mate, I might be suffering early dementia. Thought I better check my facts and the best I could turn up was a reference to an intra-day low of 3073 for the ASX200. Well above the 2700 I thought I remembered. Maybe that was an SPI level and not an XJO XAO level...
  2. MichaelW

    Housing recovery hopes dashed

    Mate, I'm pretty sure they did actually trade all the way down to about 2700. I was watching it at the time. Its just the lowest "close" was a tad higher. But, FWIW, I'm with you 100% that the ASX is in solid shape. We might see the Dow have another pulpitation or two given the dire...
  3. MichaelW

    Housing recovery hopes dashed

    Hi Guys, If you want the facts go straight to the horses mouth. Here's Chris' own coverage of his stats, and I like the little dig he puts in against the validity of using the RBAs stats with their 'compositional bias'. I remember the arguments a little while back a few of us were having on...
  4. MichaelW

    Housing recovery hopes dashed

    Funny. They can take a stat like that and turn it into a negative headline. Gotta love the media. Try this bit on for size: Crikey! Only up 9.8% in NSW. Better dump my stock now before it tanks in price by 40% or more. ;) The media can be buffoons sometimes. Ah, that explains...
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