fwiw, VXX more bullish than i've seen it in the while. check out the 2min Awe ramp and ADX bullish gap.
we may have a fair bit more downturn today. esp if we start dipping into those MM put zones mentioned in the Reuters/Morgan notes that spartex and limelight posted.
I would think we would have to have a retest of the 200.79 low on spy... I really think if we break 200 today, things will get ugly fast... I think there will be a hell of a fight in the 200 -200.50 area... AAPL has broken some supports.. I think AAPL goes below 100 in the next few weeks.