must agree with HLL, it looks like the overnight rally in the US has a bit more too it than previous attempts, although it wasn't a classic capitulation reversal the breadth and volume of the rally can't be ignored. It is also important not to underestimate how powerful a short covering rally can be after all the damage done recently.
in the brief time spent at the computer over recent days I have lightened my holding in SSM just to lock in some profits, 50% gain can't be ignored in these market conditions, still holding half for the dividend.
added some HDF yesterday as it had become way oversold in at average 34c.
I agree that a good place to start today would be looking at some of the most heavily shorted and most beaten down names, let volume/momentum be a guide for any short term opportunities. AIO is a perfect example, twice recently it has run significantly higher against the market trend.
