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It is always a funny market - the general market, economists, and analysts were all expecting a .25% cut in official rates and when it did come they were all dissapointed with the EXPECTED cut. They got what they were hoping for - a cut. They were hoping to get more (a 0.5% cut)and even though BB signalled more possible cut on future economic results the market got savagely sold off. And I think even if BB did cut the rates to 0.5% economists and the likes would have come out and critisized the hefty cut by being too large in that it would possibly increase inflation and the market would probably still got sold off. Any way this makes it now the third cut in official rates and surley by WOULD help these struggling subprime borrowers...........all cuts help. George Bush' rescue package, the recent cash injection, and the now rate cut, and possibly even more later, should at least please the market in that all attempts are being made to lend a hand. I beleive the .25% was factored in and the rise in the dow was the extra factor based on the 0.5%.............any way play the market the way it is.....