A former employee came by today and told me that she was transferring her retirement account out of the stock market. She just did not want to watch her balance decline any more. This is someone who does not typically follow the market. When I consider her remarks in the context of all of the technicians who think this market is going to decline, I wonder if the market is misleading us, yet once again. My longer term weekly indicators remain down, but my short term indicators have strengthened. I have stayed away from this market because my rules require that I trade consistent with the weekly trend of the market. But remember, every longer term weekly up-trend shows up first in the daily trend. I would still like to see a GMI of at least 4 before I go long.