U.S. Stocks Rise on Holiday Sales, Europe Progress
By Nikolaj GammeltoftU.S. stocks rose, snapping a seven-day decline in the Standard & Poor’s 500 Index, after Thanksgiving retail sales climbed to a record amid speculation European leaders will boost efforts to end the debt crisis.
Comment: After all that senseless pessimism it was just a matter of time till a wave of optimism would flash the markets. And here we are. How long will it last? I don't know. Anyway, you should have covered your shorts. All of them.