Enjoying it while it lasts

We've always told our readers that we make more money in bullish market action than in a bear markets (even though we are as comfortable shorting than we are going long). Today was a great example. These are the day-trade triggers (not holding anything overnight) from last night's newsletter:

ICE 80


V 58, base and break




IYR to 28+ as SRS holders get squeezed.



CNQ 43.5



Sentiment and price-action, thus far, have been bullish. However, we're acutely aware that this is a rather enjoyable bear market rally and nothing else. We feel that SPY might run to 88 maximum before pulling back. Enjoy it while it lasts, for however long that may be....