Posted Thursday, January 31, 2008 @ 12:01 am by Dr. Wish

GMI: 0; GMI-R: 0; 5 IBD100 stocks at new highs

The GMI and GMI-R are still zero.  Wednesday was the 19th day in the current QQQQ short term down-trend.  There were 26 new highs and 57 new lows in my universe of 4,000 stocks on Thursday.  Five of the stocks at new highs were on the IBD 100 stock lists I have been following:  BLK, RATE, SID, TNE, PRXL.  I am still mainy in cash and am monitoring the down-tend. 


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