Chart of Charts - 110709

This one took about 3 hours to put together.   It is about as clear as I can make it.  Unfortunately the conclusion is not clear.   Volatility is potentially huge.  We could have a big rally or a huge down.

Keeping current positions is not a bad decision.  Huge swings will clear stops.   Going to all cash is fine also, however, when the turn comes, I bet it is fast...10% in 3 days, and then no one jumps in waiting for the "correction", which never really happens.