Last week I wrote an article pointing out that the market was - at the present time - in somewhat of an equilibrium balance between buyers and sellers. I presented two charts to support my point. The first being the DJIA (DIA) and the second, the Fed's Balance Sheet. These charts are repeated below with a few extra data points added. It seems we are still in that state of equilibrium I referenced. We have a market in waiting with neither the bulls nor the bears demonstrating much conviction. We will discuss my basic thesis in a moment but first a look at the updated charts. The point these charts make and a point I ... (full story)