3/12 2:00

Triangle appears almost complete. 

The new high thesis invalidated on decline of XMI below 1169.50, also higher up S&P below 1145.
Yesterday's technical composite was -18, which is consistent with short-term tops.  If we rally more today and the technical composite goes to -22, then that will cinch the strap for me.  Won't know until 6:30 pm when I crunch the numbers.  If -22 I will start in at 15% capital instead of 10%.