reserve bank cuts rates one percent, page-51

JC & Treggs, as expected of the possible global rate cut which is why Dow re-bounce a bit last night but with RBA more than expected cut of 1%, it's actually worry me about the status of the world economy.

We'll see a day or 2 rally and then resume down trend is my guess and as you said JC spi is too much optimism so more downside to come.

Tonight US reporting season start which will probably be no issue and Thursday resume short trading in the US will no doubt giving us a lot of fun.