Posted Thursday, January 17, 2008 @ 12:01 am by Dr. Wish
GMI:0; GMI-R:0; 10th day of QQQQ decline, 441 new lows
Wednesday was the 10th day of the current decline in the QQQQ. The GMI and GMI-R are both zero and there were 441 new lows and 38 new highs in my universe of 4,000 stocks on Wednesday. The Worden T2108 indicator is 27%, still above the levels typical of past bottoms. I remain in cash with a few puts in my IRA.
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Comments ( 1 Comment )
Tim added these pithy words on Thu, 1-17-08 at 8:45 amDr. Wish,
How do you choose the 4000 stocks that you include in your “universe”?
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