A buy signal!

Not b-school related, but I am issuing a technical buy signal today. The $NASI crossed it's 5day MA, the TRINQ and TRIN spiked, then fell, and the volatility index (VIX) made a nice drop after it's typical double bounce pattern. Combine that with yesterday's follow through (though a mediocre follow thru day), along with a bullish divergence in the McClellan Oscillator used on the Naz, and we get a go.

I believe this rally will be a short one before we flip back to an overall bearish tone for much of this year, however. This rally could provide a great opportunity to get short.