Posted Friday, July 18, 2008 @ 12:01 am by Dr. Wish
GMI: 0; GMI-R: 1; 26th day of QQQQ down-trend; T2108: 19%
The GMI is still zero and the GMI-R is one. There were 45 new highs and 64 new lows in my universe of 4,000 stocks on Thursday. The Worden T2108 indicator is now at 19%, up from a low of 8%. Thursday was the 26th day of the current QQQQ down-trend.
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