Ok if you look closely at the chart, you will probably fall asleep.  Yeah, we can't really figure out what it is telling us yet and it is our chart?  We are struggling to figure out how to fill the negative area of the chart with red.  My bucket function stopped working.  But I digress.  The chart is showing the steady decline in the velocity of the fall of the market.  Now you might say "Brian, the market is going up and your chart is still showing a downward trend and the market is up.  Yes you are correct, but remember the conviction of the market, or put another way the volume of movement to the upside has been extraordinarily weak.  Also keep in mind this is a moving ten day average of IBD data.  We are looking at this as if our buy points were a marble on this chart.  It has fallen with a steep decline since February 20.  We are seeing the velocity of that fall slow and expect this chart to reflect a bottom possibly in the next 5-7 trading sessions.  We will see.

Beyond that ugly chart we have nothing for you tonight.  We leave for Augusta early tomorrow morning and look forward to not checking in with the market for a few days.  Our stop order are in place and we only have one option trade to worry about, and we will deal with that on our iPhone or iPad.  If you watch the Masters this week look for me.  I will be the short chubby guy with his head buried in Barron's or the WSJ.

Salve Lucrum and thank you for reading.