What's the time range of your "SHORT PERIOD?" I agree with the direction. The timing can get tricky when you're riding an elevator. In a week, the auction markets take a seasonal break; so any possibility of disappointment is non-existent. Earnings will be good, but how good? Expectations have already been ratcheted down. Today vs. Thursday could be the short term low.
With the Global market expectations winding down, ie. china, trouble in EU I think personal spending is going to continue to tighten alot more. I don't see stock moving up until "maybe" late in fall. I do believe BID will certainly touch the teens. G.L.