Yes, I am aware of that... AIG would pose a problem but the market should not be expecting it to produce a good set of numbers. Our market has already reacted badly this morning and the financials are recovering a bit - a good sign. Most of times we react worst than the US.
Regarding the VIX - check out IG Market - under the News.
The Momemtum is there for a rally.. whether it happens immediately it is yet to be seen.
I saw that the bulls in US continue to battle it out last night - it was absolute yoyo going forward and backward. To me that is the sign that there is a "will" to move the indexes up.
I can't believe that I am tracking the US this closely. Prior to the bear market - I do not even watch the US.
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