I think the general trend from here will be down as the recession fear take over and figures coming out over the next few weeks confirm that.
at the same time as the aggressive actions start showing some results, some sectors will jump, right companies in right sectors would provide profit taking opportunities for the next few months.
when ppl make irrational decisions, those who are looking objectivekly, whether for a short term or long term perspective will win. I got bargains for myself, longer term view, but thats what I am doing it for anyways.