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To: The Ox who wrote (1946)4/18/2013 3:01:55 PM
From: The Ox  Respond to of 8288
 
Just printed 153.55, last of the lows to be touched before we close the gap. Doubt it would find support here but there's a small chance....worth watching....



To: The Ox who wrote (1946)5/2/2013 11:57:54 AM
From: The Ox  Respond to of 8288
 
SPY made a new high this morning....heading toward 1600 and QQQ also made a new high. DIA has not reached that point yet. It's getting more and more frothy, IMO but the trend is in place, so no reason to fight it yet. However, I noticed that even when SPY made the new high, VXX didn't immediately make a new low, fwiw. It will be interesting to see if we get a bit of a divergence in these 2 or if it's simply short term trading that's in play.


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