Posted Thursday, June 19, 2008 @ 9:29 pm by Dr. Wish
GMI: 3; GMI-R: 5; 7th day of QQQQ down-trend
The GMI is at 3 and the GMI-R is at 5. There were 102 new highs and 242 new lows in my universe of 4,000 stocks on Thursday. We will have to wait for next week after options expiration to see the market's true trend. Thursday was the 7th day of the current QQQQ down-trend.
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Comments ( 1 Comment )
Bill Kloppenburg added these pithy words on Fri, 6-20-08 at 12:40 pmHello…..
Based on the blog’s early June postings, I saw no commentary about your selling your position in QLD. Was there a blog that mentioned the selling of QLD?
Cordially,
Bill Kloppenburg
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