5/4 pre-open

Friday I made good money. I was short 25% coming in, reduced to 15% at the close and bonds from 20% to 10%.. 
Monday I waited for the rally and increased short to 30% at better prices.  Bought bonds at lows back to 20%.
Today bonds have broken to new highs, up 1.25%. 
Gold is up and silver down, reflecting the EU's potential implosion.  This should put to rest the assertion that silver is primarily a monetary metal.  The divergence with gold I talked about a month ago.  I have a small silver short I put on yesterday that is not in the model position. 
The first wave down represents part of the topping process where traders are uncertain of trend, but big money unloads.  This wave is finished and the countertrend with the hopeful buying the relief rally.
Today the stock market should challenge DJI 10,980 with potential breakdown to much lower prices.
The QQQQ are at 49.35.  Their neckline is at 49: