The market is still going up even though by only 3 cents (QQQ). This week, we are supposed to see larger volume coming out due to Friday's option expiration for September. It could be very volatile, and the market could easily go up or down by $2. I will sell my positions if it goes up to $72.
QE3 will more likely to drive the gold price go higher. I will start to build up some gold positions if GLD can come down a little bit more.
Market trend is still going up. DO NOT short the market.
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