The GMI and GMI-R remain at zero. Only 63 new highs and 285 new lows in my universe of 4,000 stocks on Friday. Friday was the 6th day in the QQQQ short term down-trend. Cramer thinks we have hit bottom–time will tell. Only 17% of the Nasdaq 100 stocks closed above their 30 day averages. The Worden T2108 indicator is at 36%. I remain mainly in cash.