I think it must have been close to three months ago when I told someone in here...they have parked everything. Meaning they have moved things where they wanted them and left the scene. Or, everything will be left range bound. So far, for the most part, I think that as been more right than wrong. No real trending market to be found leaving people guessing as to direction.

I think it will remain that way for a while longer. At any rate, one should wait for a bounce and a second higher bottom(or vise versa) before getting all excited about something happening.

Course, I could be wrong and as you say...the market rules.