1. Good video explaining some mitigated down side risks:
2. A repost of Jim Rogers indicating no hard landing in China.
3. Alcoa corroborating Chinese strength via their earnings report. (Not to mention the strength in Aerospace.)
I am having a hard time believing the market having allowed depressed levels of the oils, materials (ex-coal/nat gas) and industrials. The market was ridiculously wrong with Alcoa, and I think they were and are wrong with the rest. (We will see if the market was right over the next two weeks.)