Market Sense and Sentiment

[RCKS]

Bob IMO charts currently do not look like the Oct/Nov period. The rise out of the oct lows does not look like this rise, at least to me it doesn't. Ahead of that top we had a couple of huge sell off days in that rise, I don't see that kind of profit taking here. Let me add one thing about this week, this is expiration week and when we get moves like this they often go further then one might imagine due to the delta hedging going on propelling the market further in the direction it is moving.