Although this statement may seem childish -- the market is overbought. The fact is however, Yellen is even more dovish than Bernake. So she will push it higher for 2014. The collapse will first be evident in housing, before the stockmarket. As for CELG - expect a pullback for now - but DO not short this in December. If you are a short -- I would put a stop between 160.00-=160.50. Yes I think you can short a bit more, but be disciplined with a stop.