Despite the bad news from China, it seems that this rally has broken beyond the point of considering it a dead cat bounce. The next few days will tell the tale.

My belief is that the announcements made by China will be followed up soon with enforced regulations causing further panic.

At this point, my balance is mostly fiat so I'm obviously biased in favor of believing that another dip is coming in the near future however I would like to hear other people's thoughts on this as well and where you believe the source of this rally is coming from you don't believe it to be temporary. The good news from the US outweighing the bad in China? People who panic sold buying back in?