The GMI and GMI-R remain at zero. There were 16 new highs and 499 new lows in my universe of 4,000 stocks on Monday. The number of new lows is still below that reached on last Friday (504) and well below that reached on January 22 (1453). On the other hand, the Worden T2108 indicator, at 19%, is getting closer to bottoming territory or to at least a bounce. I am almost totally in cash. It’s nice on the sideline.