What markets were worried about:
US Umemployment : Obama provided a plan
US Recession : Trade balance data showed not as bad as you would think.
Monetary Policy : Bernanke assured that the Fed will be there if need be.
Europe: G7 will pan something out..news headings Greek to default etc is rubbish ppl..Euro is symbolic and political no country in it will ever be allowed to default dont be fooled by the drama.
With so much shorts out there bounce will be powerful..cover your shorts..come early next week we will be around 4350s
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