PJSimon. That's not entirely unreasonable imo but I'm not going...

PJSimon. That's not entirely unreasonable imo but I'm not going to try and preempt it.

I do wonder how we will react to another aggressive interest rate cut though. When the Yanks were doing it earlier in the year, the rally after was a sell every time. We are a bit late to the party in cutting rates so the big question is "Will our market behave the same way?".

Cut rate, 1-2 day rally, then down we go. Hope we don't as we have been smashed enough but that's the way it happened in the most recent example.