Posted Tuesday, April 22, 2008 @ 12:01 am by Dr. Wish

GMI: 5; GMI-R: 9; 20th day of QQQQ short term up-trend

The GMI and GMI-R remain at 5 (of 6) and 9 (of 10) respectively.  There were 132 new highs and 49 new lows in my universe of 4,000 stocks on Monday.  I am accumulating QLD and writing calls on IBD 100 stocks.  Monday was the 20th day of the QQQQ short term up-trend.


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