Market has rallied and has hit all time high and with recent bad news on job market, market has not reacted to it. On Friday Dow was down only about 40 points. This behavior is acceptable at the beginning of a pullback. traders consider it as a buying opportunity which is wrong ad then market drops more. Expect a down week for coming week (4/7 to 4/12). Since I am following MCD, I believe it has rallied recently a lot and considering some facts, we should expect it to drop to $95 and below soon. Here are some of the facts: 1- Chart shows that th rally is extended and we should see a pullback 2- Market rally is exhausted 3- Global Economy slowdown 4- Euro rally vs. Dollar 5- We have 3 months to next ex dividend date and it makes MCD a safer short. 6- High P/E of 18. This is a high P/E for restaurant sector. There are other overvalued restaurant stocks like PNRA which I am not following. Generally restaurant index is overvalued. I would short MCD at this level but maybe the safer be would be to reduce the long position and wait for a pullback.