We are still in a bear market; but, we are experiencing a bear market rally at this
point.  Most of the time, these rallies will last 6-8 weeks and run about 20-25% off the
bottom.  Until we have improving economic conditions…or at least sideways, we will
still be in a bear market.

It took me a long time (probably a couple years) until I could “plug my nose” and go long
at times like these.  Emotionally, you don’t have any desire to play the long side and
the thought of buying a stock…especially a financial stock makes you sick.  At times
like these, just make sure you are buying stocks that were strong in the market crash. 
This way, you know you are most likely buying a higher quality stock.  And after that,
make sure you have protection (stops, options, etc.)

One strategy you may want to look at is a bull call spread.  It is a low risk trade that
you may feel comfortable making.  Matt goes throught them in the Advanced Options class.

Thanks,
Robb