With my indicators at zero, I remain in cash and short in my trading IRA. The Worden T2108 Indicator is at 25%, still above oversold territory. The GMMA weekly chart of the Dow 30 Index (click on chart below to enlarge) shows that the short term weekly averages (black) are beginning to fall through the longer term weekly averages (red). Take a look at what happened in 2007-08 for a hint of what may come.
An interesting new op-ed on the bond vigilantes.