This week’s rally is one of the strongest in decades. Justice Litle says there are several indicators pointing to a “tradable bottom” in the market. That means a great chance for short-term profits, even if there are more sell-offs down the road.

Since the start of the year, the debate over the state of the U.S. economy seems to escalate by the day.

The ongoing subprime mortgage mess, the resultant credit crunch and daily stories about housing defaults, escalating oil prices and lousy corporate earnings only seem to further fuel the debate.

Of course, we all see the government reports and analyst research notes that seem to contradict one another from one day to the next – and sometimes from one hour to the next.