Posted Tuesday, June 17, 2008 @ 10:58 pm by Dr. Wish

GMI: 4; GMI-R: 5; CPST breaks out again

The GMI rose to 4 and the GMI-R fell to 5.  There were 114 new highs and 123 new lows in my universe of 4,000 stocks on Tuesday.  The QQQQ failed to break through its 30 day average.  So the QQQQ is still providing few clues as to its probable direction.  Tuesday was the 5th day of the current QQQQ down-trend.  Meanwhile, CPST, a Judy's pick at $1,  broke out again.


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