China’s central bank Move- Chance For Out From Long Position ?

European stock markets turned around a losing session in the afternoon to push higher after reports that China’s central bank cut banks’ reserve requirements for the first time in three years, driving up stocks dependent on the global-growth picture.

Media reports said the People’s Bank of China has cut the reserve ratio for all banks by 0.5 percentage point, starting Dec. 5. It’s the first cut in that rate since December 2008.

But We forget all Worries about euro Debt Problems i think this rally is good opportunity to Exit form long positions and wait for more upside then short in market that's the stagy these few days not create any long position just wait for market to go more up then create shorts for more return in equity market because china's central bank moves shows problem in china also this time which we not see but Chinese central bank see this problems so Be Aware for That time