There is an inherent risk in presenting any cogent ideas about the market in an environment as what we have been experiencing in recent weeks. At any given moment, the data I am relying on may be substantially stale as the Dow Industrials, which is the most commonly touted number, may be up a 1,000 points or down 1,200 points. However, that kind of environment is also exactly when such a discussion is most relevant. To pick a simple point in time, the graphs included will be almost entirely as of the end of February, but I will endeavor to provide some context when that particular data is not indicative of the most recent condition as I am typing.