Mike: first you and I better quit agreeing on things!!!!

 Second, I am not sure what the "charts are saying" as they "don't talk to me" but here is my assessment:

1) equities are in a bear market and have been so since Dec, 07.

2) So the next question to ask is what would a bear market bottom look like that would lead to a new bull market.  As best as I can tell, the market is attempting to make a bottom; so far I haven't added anything new to the discussion.  But this should only lead to a market bounce; in other words, this is not the time or place that will lead to a new bull market bottom. 

3) I still think there is a possibility of the markets going lower but this assessment is looking less probable everyday for the reasons stated above in my article.  So your assessment of a lazy, range bound market seems reasonsable.