Recovery? Slow but surely.

Hello All~
Hope you guys had a good trading day. My trading day wasn't that bad . 7 Trades were done. 6 Positive 1 Negative. Bloody good rather. Today the markets ain't that bad. It was bound to recover from the drastic drops that Bears have been dropping 2 days ago till yesterday. Markets are marching into a little bit of recovery but Huge drops like yesterday makes Newer investors that have yet to be established with these kinds of drops thus making fearful of entering the market again after their positions all negative. In Forex markets overnight, there were some drastic movements but half of what happened the previous close. The Australian central Bank slashed it's interest rates by 100 BPS (1%) from 7% to 6% rather than to 6.5% which was markets were hoping for. Upon news it dropped 200Points down but after that. Markets believed it was a good move to help recover the financial crisis that was happening all around the world. It rallied 350 Points UP after. It shows that other central banks around the world are also going to have rate cuts soon to cope with the financial turmoil.
European union pres: Trichet is asking for help to aid with Europe's Financial turmoil. So it might be volatile in rally wise if anything happens.
Till than Good Trading all~

Anil