On February 4^th I made a presentation at the monthly Society of Market Technicians meeting that identified the January 20^th low as the turning point for the market. The leading predictive indicator for this turn was my market Score chart (See Sectors & Groups menu tab, then select Chart of Industry Group Scores). Since that low point, we can see that the Score level has once again run back up above the 60 level. Just as reliably as Score readings below 20 are usually the first signs of a turn off the bottom, readings above 60 usually signal we are in overbought territory. The Score reading moved back above 60 late last week. To take advantage of the fact that sometime over the next 30 days the market should move lower, I sold calls against several underlying positions. This strategy can also be used by AIM users to add cash to their accounts without having to trade their underlying holdings.