Friday, February 19, 2010

Rate hike

It will be interested what will be said over the weekend with this surprise in the interest rate. Well it was not a surprise to me I mean how long are we going to be in a low interest rate environment without creating another bubble.
Oil on the move wow, I really guess I was spot on saying $71 area should be a bounce.

I have been programming all week and have gone to bed extremely late in the morning hours, so I am very slow to thaw in the mornings but nothing seems exciting here so let just watch the effects of the rate adjustment.