Posted Tuesday, October 9, 2007 @ 12:01 am by Dr. Wish
GMI: 6; 20-42% of stocks advanced
The GMI is still 6, but only 42% of the Nasdaq 100 stocks rose, along with 29% of the S&P 500 stocks and 20% of the Dow 30 stocks. There were only 238 new highs in my universe of 4,000 stocks. Monday was the 27th day in the short-term QQQQ up-trend.
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void added these pithy words on Tue, 10-9-07 at 10:23 pmYoura analysis is great! But I feel one thing is missing.
You didn’t analyze which sector is leading sector,which is very important.
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