3/2/15 was up +$0.37 and the model projects that the component on the 3/1/15 kill will be up between +0.50 and +0.80. The Index seems to be on an up trend. I think there is a good chance that it will continue long enough to push the JJJs up a little. I have been saying for sometime that the "Gap" to the MMMs may be so wide that the MMMs will have to give up a little to get that "Gap" closed.

I'm watching for a bounce in the MMMs to add to my short position but it is NOT happening today. Yesterday was the first time in quite a while that I was not able to make a single trade and so far today things don't look much better.

Best wishes,

dhm