VIX hit near 26.50 already today. Your target. I think 25.75 will be needed for a bottom and reversal up: <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[g,a]daclyyay[dd][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J6972190,Y]&pref=G" target="_new">http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[g,a]daclyyay[dd][pb20!b50!b200!c13!c20!c50!i!d20...</A> MSFT is going to need $25, so we may get to the 1051-1057 range again. I'll be looking to get more short at that level.