Another day, another beating for the shorts. This is beginning to feel like reruns from Gilligan's Island. (that's a popular 1960's sitcom that aired in the US for those of you who may not know) Market goes up, bears beat it down, market rises from the ashes and soars to new heights, bears go home defeated. Very predictable.....just like my old TV show!  

The first wave of this move is closer to the end than the beginning. 840 followed by 875 will be resistance that SHOULD slow down the advance and bring about the first meaningful retracement. We'll see. Melt ups are as tough as melt downs.

So nothing new tonight. You know what to do. There's some good intra day trades if you're inclined to trade that time frame, right Sam? Most can't or shouldn't attempt to.

Tim and I are working on different scenarios for what lies ahead. Be sure to listen to the interview that we record Friday. It will hold a shocking forecast. So shocking I may have to bill you for it!! What's your address again??