q: has rational thought gone out the window, page-8

Talk in the market that the Fed may go this evening ... 75 or even 100 bps . Europe got absolutely hammered last night , US is looking at 500pts minimum you would think , maybe 750 or even 1000 ... Fed can't afford to let the markets do that , its a given they will cut at the meeting at months end , why wait , do it now , may help to stave off a complete meltdown ...

NZ stock market is down every single day so far this year ... every single day ... just amazing. PS. don't hold any NZ stocks but what a record !! When sentiment gets that bad surely the bottom is near .