Highly unlikely. We've seen this pattern many time before. They'll blow each other up for a while, then there will be a ceasefire that will be ignored at time by both sides, and then they'll glare at each other until the next round.
One bit of good news though is that while the Egyptian PM was in Gaza Israel halted all offensive actions, though Hamas kept launching missiles. So Egypt might be able to broker a truce eventually.
Edited by Corp, 16 November 2012 - 04:25 PM.