Sometimes, I don't think Hot Copper helps either. We fed on this downgrade all weekend...doom and gloom, gloom and doom.
I'm sure some punters were reading this stuff, the issue got bigger and bigger in their minds, and just went 'lemme outa here' first thing this morning.
Who knows...it might end up being the right move, but I do sometimes think we can somehow group think our way off a cliff.
