Trading the SPY and QQQ

[Footquarters]

Hi Bob,
The fed is pumping out the dollars similar to Y2K and creating a bubble for sure. Interest rates are dropping so they are trying to stimulate the economy while taking the markets past 9077 in the Dow and the Transports past 2470 which would be according to Dow Theory a new bull market. I don't see anything that will stop this right now. Pricing power on goods isn't there so what they are creating is unsure, possibly paying back the Dems for what they created. Amazing to see again. Check this article out.

http://www.financialsense.com/fsu/editorials/2003/0514.htm

http://app.ny.frb.org/dmm/mkt.cfm

Another trick for timing the market is waiting the Vix to go outside the BB, which usually marks major Top or Bottoms
[http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$vix,uu[w,a]diclyiay[dd][pb200!...

Dave