Posted Sunday, September 10, 2006 @ 10:46 pm by Dr. Wish
GMI: 4; Fed is done raising rates
The GMI remains at 4, but barely. 
The IBD growth mutual fund index is sitting on its 50 day average and could fall below this week. I believe this week will determine whether the current QQQQ up-trend, in its 15th day, will continue. Meanwhile, the short term interest rate indicator continues to decline, suggesting that the Fed is done raising rates, for now………
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