Market had a reversal day (6/25/09)

Market rallied pretty strongly today. S&P, Nasdaq & DJ all had a reversal day. Expect Nasdaq to lead the market again. Last several days of downward movement is reversed. US market is showing early signs of momentum to start another possible uptrend. I started getting back into the market with 5% position today. Will continue building up positions if market moves in the right direction. When the time is right, it doesn't take me much time to pull the trigger for 100% position. But as of today, I'm careful to begin /w small. I hope that the folks that started short positions couple days back should cover now. The market conditions are not friendly to shorts in any shapes or forms.