In Aug....Looking at the 63ema>>>It moves with the Q's more than the 50ma...so Monday when/if we are below the 50ma and the bottom of the gap, the 63sma should be too...the panic selling will have to be fast and furious the same day to catch it:) just something to look out for...Also the intraday P/C is not extreme yet http://www.cboe.com/MktData/default.asp I would also like to see the QQV a bit higher This could all happen today but I doubt it...I think the talking heads will try to spin this weeks action to the sellers strike populace all weekend:) Many gaps above need to fill:) Staying hedged for now
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