Posted Tuesday, December 16, 2008 @ 12:01 am by Dr. Wish
On the edge again; GMI: 0; GMI-R: 2; 5th day of QQQQ short term up-trend
The markets are teetering on the edge of support again. It will be interesting to see if the QQQQ can hold through the week. Meanwhile, there were 8 new highs and 60 new lows in my universe of 4,000 stocks on Monday. Gold (GLD) continues to rise as the dollar weakens. Silver (SLV) appears to be strengthening also.
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