This is only day trading shorts covering positions. It will come back down as fast as it went up. This 15 cent move is part of it but will likely peter out around 330pm
Wow, such tremendous knowledge of what's to come in the market by a guy who didn't even know the market (was going to be) closed on December 26 http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/threadview?m=te&bn=57599&tid=63061&mid=63061&tof=183&frt=1#63061 .
do not buy it...only temporary (less than 1 hour)
Bottom is in! Smart money will cover by eod!