Well thar you go. =P
By the time you would Outrage, they would've switched or killed you anyway. Either the second Ice Punch (if you stayed in knowing it did 53%+ damage you deserve to lose your knight), while you dragon danced, or they switched while you dragon danced. At this point, you pick accordingly.
That last slot could either be Fire Punch (most steels) or Earthquake (other steels + Heatran).