The bear market is over. Lok at the nasdaq rebound today. Obviously people are buying tons of stock. Can't keep the lid on it. ONce the fed speaks tommorow and more earnings #s come out stocks will soak and shorts that havn't covered will be burried.
============= Hi volente; Give me just a bit more time; ES made a lower low, lower high today . However it did make a higher close; at the end of the day, thats important. This ''short term rally'' could be just as strong as 4th quarter uptrends; but they hardly ever are You do pick short term trend changes well, not a prediction.