Right now is a good time to get back into the stock market!

I use to get panicky around the holiday season because I run out of ideas on what is the next best trade or investment. If I am confident in anything it is my trades on the Index ETFs. I just love ETFs! You get you have you cake and eat it too! What I mean is that you can diversify into literally hundreds of stocks in one shot. With that said, I would like to re-interate my buy position on SPY (an S&P 500 ETF), as I did the end of last month in November.

I will also put my money on QQQQ (a NASDAQ ETF) and MDY (Mid Cap SPDR); that way we are diversified going into next year during this holiday rally; that way we are sure to make this season jolly. Just wait for one green day this week.

The other stocks I am in are reversal stocks; it may take a while for them to completely reverse; and they all still look good so far.

YHOO! has passed its lower support of 24.50 (09/04/2007) by one cent, but the divergence on the RSI and MACD and Stochastics makes it very tempting to hold it at least one more day.