Breaking Thru Or...

Now would be a good time to get started on that trek to Dow 14,400. The last couple of days provided a nice jump start but I guess I'm not convinced yet since I put on a small VXX trade. I don't like Nasdaq gaps or really steep inclines. This isn't Sept 2010 but a repeat performance would be OK with me.

The SPX chart shows the 1344 resistance line that could be a high hurdle for the market next week.



I won't mention my upcoming short position in silver yet since I'm still resisting the temptation to go the other way until $51?? Silver is tearing up the 40's so far, but it's due for at least a short term beat down.