Posted Monday, July 14, 2008 @ 12:01 am by Dr. Wish
GMI: 0; GMI-R: 0; 22nd day of QQQQ down-trend
The GMI and GMI-R are both back to zero. There were 28 new highs and 711 new lows in my universe of 4,000 stocks on Friday. The Worden T2108 indicator is back to 11%, still above the low of 8% reached last Monday. Friday was the 22nd day in the current QQQQ down-trend. I hold short and long positions.
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