Fed surprised the market

Looks like the subprime problem is affecting the market and they are willing to have a bigger cut - 0.5 points. Story here. This sent the Dow to +335.97. We would expect the Asia market would follow this across the board.

However, the buyers were not back yet. In the short term, we are on the uptrend, but buying interest is not there. After a while, stock might fall back a bit. Still not a clear time to go all out attack on buying.