yes - they can't hold it all down with their selling programs - soon EMs will get back on their historical track, ie before the CBs tried to kill them for their own survival. They have been down the last 2 years vs US and EUROZONE? Give me a break, you know something is going on.
Many of the emerging markets are at a new high. Thailand, India and others. I think we have some good gains here. When people decide to invest again. The sideline money should flow if the cliff is solved. If the cliff isnt solved we could move after the first of the year.