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Actually shared my own position ... to some extent.

My self interest is irrelevant. I am not about to sell and will only add if we go lower. NO leverage, no margin and lots of cash.

Honestly would prefer well thought out actions and I am sure the RBA with Treasury and APRA and ASIC watching closely and likely very ahead of any mere mortals thoughts like myself.

I would be surprised, if they did not act prior to opening. Not protecting their interests and to suggest so would be absurd. Their sole focus is stability in times of excessive volatility. Liquidity when there is NONE and in say the case of a currency run or bond run, they step in. No different if they act this time. Suspect they will. Hope they will. I have no desire to see what I suspect, with cause will occur.

They MAY of course see this differently and likely will. If it takes the USA going down 20% in a day to spark some action and sheer mayhem, so be it.

I take no pleasure in that or desire to see it.

<blockquote data-quote="kahuna1" data-source="post: 1062974" data-attributes="member: 30">Actually shared my own position ... to some extent.My self interest is irrelevant. I am not about to sell and will only add if we go lower. NO leverage, no margin and lots of cash.Honestly would prefer well thought out actions and I am sure the RBA with Treasury and APRA and ASIC watching closely and likely very ahead of any mere mortals thoughts like myself.I would be surprised, if they did not act prior to opening. Not protecting their interests and to suggest so would be absurd. Their sole focus is stability in times of excessive volatility. Liquidity when there is NONE and in say the case of a currency run or bond run, they step in. No different if they act this time. Suspect they will. Hope they will. I have no desire to see what I suspect, with cause will occur. They MAY of course see this differently and likely will. If it takes the USA going down 20% in a day to spark some action and sheer mayhem, so be it.I take no pleasure in that or desire to see it.</blockquote>

[QUOTE="kahuna1, post: 1062974, member: 30"] Actually shared my own position ... to some extent. My self interest is irrelevant. I am not about to sell and will only add if we go lower. NO leverage, no margin and lots of cash. Honestly would prefer well thought out actions and I am sure the RBA with Treasury and APRA and ASIC watching closely and likely very ahead of any mere mortals thoughts like myself. I would be surprised, if they did not act prior to opening. Not protecting their interests and to suggest so would be absurd. Their sole focus is stability in times of excessive volatility. Liquidity when there is NONE and in say the case of a currency run or bond run, they step in. No different if they act this time. Suspect they will. Hope they will. I have no desire to see what I suspect, with cause will occur. They MAY of course see this differently and likely will. If it takes the USA going down 20% in a day to spark some action and sheer mayhem, so be it. I take no pleasure in that or desire to see it. [/QUOTE]

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