I was looking for more capitulation in the market before we enacted phase 2 of the plan, but I guess we cannot complain since we are up over 200 points in the Dow. The S&P gapped above the 200 day moving average today, a bullish sign, and now we have to see if this level will hold. This move up in the market, by the way, was “supposedly” because Europe is in the process of coming to an agreement, again, (like always). Makes no difference to me. All I can see is that we are extremely oversold, we were riding the bottom bollinger band which inevitably leads to a retracement back to the mean range or middle bollinger band, and we are flirting with the 200. Will put my shorts back on if we break the 200 again. Now it is a waiting game.