March 24, 2008 Supplement

03/27/08-Thu-VIX Force Vectors continue to fall, favoring a bullish stock market.

03/27/08-Thu-S&P600 continues hovering above its bullish red curves. The next obstacle to overcome is the Vector Pressure. It is has moved northerly to just below the Indicant Line (blue line on the bottom of the chart). Vector Pressure is the orange curve on the lower portion of the chart. Quite often, the market falls below red on a new bull cycle. If it does this with positive Vector Pressure, the market typically turns bullish. As you can see, Vector Pressure is attempting to move into bullish domains (above the blue Indicant line). You will also notice recent Force Vector peaking was followed by bearish market behavior. The Force Vectors are the green curves on the bottom of the chart. One may conclude the current Force Vector is in a similar position. It is different. Its support Vector Pressure originated at a higher level than the prior two cycles. Therefore, less bullish energy was expended in its recent rise. This is not necessarily "guarantee" bullishness, but a bullish probability is higher than the bearish one with this particular configuration. The bull would like to see the Force Vector waiver to the right, as opposed to a robust movement to the south, like the last two cycles. Do not be surprised at continuing bearishness on a near-term basis, but do not interpret such bearishness as sustainably deep.

03/26/08-Wed - VIX Index continues configuring with normalcy. Its Force Vector continues moving favorably for bullish stock market. The bearish yellow curve is expected to continue to rise and the price is expected to decline, although with some volatility. The market will not convenience us with predictable linearity.

03/26/08-Wed S&P600. Force Vector cycle is mature. It should move south or laterally in the next few days. A lateral choppy movement is preferred for those desiring bullish behavior. Regardless, though, do not be surprised at bearish influences in the next few days. If there is bearish movement, the next key observation will be the price interaction with its bullish red curve. It is visible just to the right of the declining orange line.

03/25/08-Wed - VIX bearish yellow is positioning for northerly trek where is was expected. This has a tinge of bullishness in it, which would be bearish for the stock market. Keep in mind this is a Quick-term attribute and not a measure of sustainability.

03/25/08-Wed - S&P600 - Force Vector eclipsed bullish domains today. Looking backwards in time, you will notice this event is predecessor to micro-cycle peaking. In other words, do not be surprised at bearish expressions in the next few days. The nature of such expressions and impact to certain attributes will identify sustainability. Its bearish yellow curve is attempting an inflection point. If successful, we could enjoy a meandering bull for the remainder of this year with only a couple of Quick-term bear cycles in before the heart and soul of bullish seasonality later this year.

03/24/08 - The VIX Index continues moving south, favoring a bullish stock market. Force Vectors continue wavering in an unusual configuration.

03/24/08 The S&P600 Force Vector is moving north. It expended significant energy overcoming Bear Stearns negative influence on the stock market. Do not be surprised at early profit taking, which could incite another short-lived bullish spurt.