Farsight, that is pretty much it isn't it, sell now or tomorrow, either way the rate cut is well and truly baked into the cake. I guess how much the cut is will determine the extent to which the market will sell off or maybe go a bit higher before a pull back. If there is no cut well expect a huge sell off, would Benny B do such a thing? I am a bit short XJO with puts, I could easily be wrong on this one like you said hard to call.
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