Investors confidence will not return unless US index climb back to near 14000 level. Most importantly is (according to CNBC news) the Home lenders in US said bankruptcy / liquidation is possible (drop >35% last night). Country wide and other financial lenders were falled from >3% to 15%.
Last 15 minute rally in US was merely boost by few high tech companies. US 's credit lending is struggling hardly.
Wait and see.
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