Risk/reward has become favourable. Oil downside probably another max 5-10%? Problem is more a country specific mainly on oil exporting countries and if they can balance their budget or risk credit downgrade. Overall low oil environment is good as it will ease off inflation pressures and consumer can spend more on other discretionary items (in theory as we all know our local mamak would not lower prices). Fed gave official guidance of kicking the interest rate hike timeline can down to the road to 2016. While ECB is being pressured to go ahead with their own version of QE to bring back up inflation numbers.

Am not sure about ppl telling you but I am sure felt that the sunlight is brighter this morning. anyhow, just do some scalping la.