i think that could qualify. I was contrasting the triple bottom that the S&P made with the Nasdaq's V shape. I'm looking to add QQQ puts here so long as we don't get consecutive closes above the 50-day EMA. Notice it is now trending DOWN <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[p,a]daclyyay[db][pb50!b200!c50][vc60][iUb14!La12.." target="_new">http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[p,a]daclyyay[db][pb50!b200!c50][vc60][iUb14!La12...</A>.