Even though the market looks toppish right now and everyone expects it to fall, the history shows that the market does what no one is expecting. I believe this is the case with the stocks in the coming weeks. Even though, we have rallied quite significantly from the 870-880 area (see my previous post) there is more room to go. Only this time, the main driving force will consist of crowd buyers. short sellers who urge to cover and some bogus positive news. that will fuel this rally. But what do we care? We are here to make money. so just follow the trend!

After a possible pullback to 930-940 (if we get there) I believe we are going to 960-970. If we get this pullback. I would advice to buy heavily. Though, I highly doubt we will. The only pullback we might get, would be 5 pts. max during night session and then the rally continues.

NASDAQ looks much more overbought, so we might see 20-30 points pullback here. if you are already long, there is really no need to do anything but wait.