I don't really want to see the vix go parabolic this time. What this thought leaves me is a longer time projection of 3,4 & 5. 4's sometimes take longer than I would like so who knows how long my targets will take to materialize or if I'll get a year end rally. The longer this takes the lower my 3 is based on the OEX falling trend line. I see many high wags by other posters... I guess traders expect some kind of positive reaction to the fed minutes in less than an hr from now. I'm staying with my targets and trying not to get caught up in what could be an up and coming front month short shakeout. Might see VIX T-3 yet but I really don't want to see OEX T-3 and don't believe I will before oex hits 3 http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm