This video captures my feelings perfectly.
As of 0530 this morning, (edt) the Papal Conclave had voted three times and three times failed to come to a 2/3 majority on any one man.
That means we don’t have a pope yet.
Three times, black smoke came out of the chimney at the Vatican.
But the cardinals appear to be taking votes in what for them is rapid succession, so things are moving along quickly.
A CNA/EWTN article describing this says in part:
Vatican City, Mar 13, 2013 / 05:33 am (CNA/EWTN News).- At 11:38 a.m. local time on March 13, black smoke rose from the Sistine Chapel’s chimney, indicating that the cardinals gathered at the Vatican have not yet reached an agreement on the next Pope.
Voting began on the evening of March 12, yielding an initial inconclusive vote marked by black smoke at 7:43 p.m. local time.
Tow more rounds of voting will be held in the afternoon, with a smoke signal expected between 7:00p.m. and 8:00p.m.
As a general rule four rounds of voting and two smoke signals will take place each day, until a Pope is chosen. The exception to that rule occurs when a Pope is selected on either the morning of the afternoon’s first ballot. In that case, the smoke will be seen around10:30 a.m. or 5:30 p.m.(Read more here.)