I think it is dangerous to believe the press and go short now. Look - US Futures positive already: http://money.cnn.com/data/premarket/
The media always makes things out to be worse than what they are. One minute the world is a wash with cash and the next minute there is a credit squeeze! What next!
Right now there must be a lot of ichy fingers on the buy-buy-buy button waiting on the bounce that no one wants to miss out on. I'd say all systems ready for takeoff!
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