After HPQ reported its earnings, it did not go up. The forecast of Starbucks is not good. And "Dow sees its biggest two-session point gain ever and biggest two-session percentage gain in 21 years."

We are up 16% from the lows. Even we are optimistic, we can only expect at most 5 - 11% more run up. And this has not taken into account that we are under the strong resistance now. So if the markets keep on in holidays' mood and rally until the end of this week, we should prepare ourselves to move to the short side.