Posted Tuesday, May 13, 2008 @ 12:01 am by Dr. Wish

GMI: 5; GMI-R: 8; CPST, Judy’s pick, breaks out again

The GMI rose one, to 5 (of 6) and the GMI-R to 8 (of 10).  There were 83 new highs and 47 new lows in my universe of 4,000 stocks on Monday.  Monday was the 35th day in the current QQQQ up-trend.  QLD is up over 18% since the beginning of the QQQQ up-trend.  It is nice to just ride with the market’s up-trend.  CPST, Judy’s pick, is up more than 50% since I first wrote about it on March 27.  The stock broke out of a consolidation on Monday on huge volume.  I continue to hold a position in this stock. 


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