revised GDP in U.S and potential credit tighten in China

U.S has revised the GDP from 3.2% to 2.8% which will give FED more reason to stay loose. On the other hand, China has warned its big five banks to bolster their balance sheet. My guess they will raise capital and reduce loan growth in 2010 which will slow down the growth in China.

There will be some profit taking in the market today.