The markets are still on shaky grounds. The ground is a little spooky, in the sense that it is not absolutely solid. One has to be cautiously stock specific at this time rather than see the whole market. Unless this market stabilizes for a while we can't call it a bounce back. The first thing that needs to come down is the volatility.

Ours is very leveraged market. When market goes up it goes up very fast and when it goes down it goes down fast. On the fundamentals of the economy, there are one or two blips but the whole economy is definitely doing well.

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