Asia is still falling. I don't think this was one day wonder. I feel that more to come.Quote from lauriston:
there might be a rally but it will probably be shorts getting squeezed. After that I doubt a serious rally will come. Housing is starting to be a real concern with subprimes, but the whole market will probably start feeling effects in 2-3 months. Easy money is going away soon with carry trade going away now yen is shooting up. if you see bounces being sold hard i.e. lower lows, then for sure the bull is gone http://lauristonletter.blogspot.com/
PS Good job on your blog lauriston. I even added it to my outlook

