[BarnabeBear]

Thank you grbaNT, I subscribe to what you wrote.

I'm relieved that large caps at last catch up to their Small and Mid counterparts, although given the signals of the past weeks I was not overly pessimistic. Bodes well for the future. Seems like we are on our way to erasing the impact of the Feb/March correction.

For the past few weeks I've been maintaining a very simple index of my own: for each of the graph I'm keeping an eye on (which has inflated to 87 now and may well benefit from my current reading of Yardeni's book to grow to an even higher number), I'm ascribing a traffic light colour on the way to the Bullish highway . Green light (3 points), orange (2) or red (1). Then I average the whole lot.

Current reading is 2.45 (lowest reading when I started for the week ending 4th of May: 2.10. ie a +17% progression since that). Not meant as anything than a personal gauge to i) see if I'm able to read the signs correctly and ii) track the correlation with future development of the market (ie make sure that the time spending updating charts is well spent), but I thought I would share it with you guys.

Many thanks again for the collective effort Isatrader and grbaNT (ever thought of a nickname for your pseudo? I have to systematically copy/paste it for fear of mispelling it ), I've grown super-addict to this website !