What a bullish price action today!

It was truly a magnificent fight-back in today's stock market! It plunged as much as 190 for S&P500 but it recovered almost all its loss at closing. This is really bullish, no question about it!! Barring a crash in the Euro zone overnight, I think today's market price action hits a nice rally in the next few weeks before the final leg down sometime in the summer to finish its current correction. If you are an aggressive trader, you may consider to buy a leverage bullish ETF, SSO, to bet for the bouncing. I think there is a good chance this will work out well in the next few weeks. S&P500 may advance 50 points or so in this bouncing rally. Of course no guarantee, especially if the Euro zone situation becomes significantly worse.