rmcranie, aka The Old Fool at Clearstation and Investor Village's NASDAQ board introduced me to his Poor Man's Timing Indicator. I've added the bollinger bands in order to look for extremes. Coupling this with COT data for the NASDAQ 100 can provide some good insight into where the market may be headed. Right now, it looks like the bottom just put in will resemble Dec 07 rather than March 08. I'll be keeping my QLD long on a tight leash.