Thanks for your comments, Woody2.My observation is that the last...

Thanks for your comments, Woody2.

My observation is that the last 5 minutes jump yesterday amid the very weak market means that there are big players in VPG and have most probably largely got their desired level of purchase.

to keep the upward trend, it is pretty cheap for them to do a last 5 minutes rally than doing it for a longer period in the afternoon.

This may also indicate that they did not get it cheap, not as low as 3.5-5c as many on this forum had got at. Perhaps in the range of 8-9.4c on average. As such, they can not afford a major correction in SP.

If the above is true, I would expect the upward trend to continue. However, we should be more closely monitoring the Dow and US resue plan and economic indicators under the current environment.