TECHNICAL VIEW.  Investor’s Business Daily (IBD) has put the bull back in the box, yesterday the S&P Mid Cap index became the first index to post a higher high, after posting a higher low, and stocks stopped going down five weeks ago.  Plus, as I wrote above, we’re on the verge of the bullish 4-Day Rule kicking in if we close up today.  On the other hand, we haven’t broken the now in charge and dominant multi-month downtrend lines so that would be another critical juncture ahead if we get that far.  As I expect we will.  Schwartz View:  Again, bumping up against those controlling downtrend lines or the 20-and 40-bar moving average lines normally is a good spot to take some money off the table of even go short in any  established downtrend like we have today.  Especially if this rally up continues on low trading volume as its been exhibiting.  Still, it’s going to be a tough choice ahead as we’re more than ripe and ready for a substantial rally and there’s enough of a foundation now in place, five weeks, to support a good rally.