8/4/14 deteriorated a little when the morning reports came out. It dropped to a -$0.97 change on the day. The model projects that the component on the 8/4/14 kill will fall between -0.75 and -1.05. That will close the "Gap" some but there will still be plenty of Index to QQQ gap to keep the QQQs from REALLY falling out of bed.

I added two long QQQs this morning at 116.775. The "Gap" served as a magnet to sucker me in.

Best wishes,

dhm