The oversold bounce finally came with authority; backed up by some good news catalyst. There was no doubt this morning that the bulls came to play with better retail news and another potential Europe solution. Breadth was strong, but volume was light. If we could have some small side way chop in the next couple of days, we may call Santa to reschedule his visit. However, we have a heavy economic calendar with Jobs Friday and plenty of Europe news that can derail us.