Dow tops 10,000 for the first time since the crisis. If I were an aggressive trader, it might be a time to short stocks. I'll repeat my refrain on tops and bottoms. It is highly entertaining to make those kind of calls, but rarely profitable. The percentage play is to wait for a top to form and then short the rally failure. Same for bottoms.
GLD doesn't move higher even though the dollar slides. This may be due to options related trade on Witching Wednesday before expiration.
Long SPY, GLD (2 positions)
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