The GMI remains at 1 and the GMI-R at 3. There were 15 new highs and 83 new lows in my universe of 4,000 stocks on Friday. RICK failed to hold its break-out. The QQQQ completed the 5th day of its current short term up-trend. With mutual fund window dressing over with the end of the first quarter, it will be critical to see whether the QQQQ can hold its 30 day average on Tuesday. I remain manily in cash with a small long position hedged by a small short position.