Posted Wednesday, September 20, 2006 @ 10:32 pm by Dr. Wish
GMI: 6; QLD is strong
The GMI returned to 6 as the QQQQ rally continued, now in its 23rd day. I am continuing to ride the QLD as this trend continues. 
There were 243 new highs in my universe of 4,000 stocks. The GMI-L is now 94, and the GMI-S is still at 100. Thus, both long and short term indicators are positive.
Please send your comments to: ewish@comcast.net.
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