One of our favorite bands here at ITM is Mofro.One of favorite Mofro songs is "Brighter Days" (http://www.youtube.com/watch?v=ghhIQvDsNKs).
There is strong reason to believe that the market is headed for BRIGHTER DAYS (if not for a short time). Let's rundown the reasons:
1) the market is oversold (we know, it has been for awhile)
2) Gold (GLD) is headed down
3) the market had a nice reversal this past Friday on high volume
4) THE XLF (Financials) went up today!!
5) Oil is going back up (and the airlines too)
We have covered our shorts and went long the indexes.
Trade well,
Trader D
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