Posted Wednesday, December 24, 2008 @ 8:28 am by Dr. Wish
Getting ready to go short; GMI: 1; GMI-R: 1
The GMI and GMI-R are both back to one. The QQQQ short term up-trend, in its 11th day, is barely alive. I am reducing my position in QLD and looking to go short again in QID if the trend turns down. There were 6 new highs and 76 new lows in my universe of 4,000 stocks on Tuesday.
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