Thanks for all of the nice feedback; GMI: 2; GMI-R: 6; IBD100 stocks at new highs
Thanks to all of you who sent me comments about yesterdays post. My market indicators remain the same as I described them yesterday. The seven IBD100 stocks hitting new highs on Monday are: LPHI,MYGN,BKR,SXCI,EMS,AVAV,AMSF. (I own some of these.)
Comments ( 2 )
Dan added these pithy words on Mon, 1-5-09 at 11:12 pmQuestion on your indicator #2 – >99 new highs. I have only been keeping NH & NL on a closing basis since 7/15/08 but the only two days I had >100 NHs were short term tops – 8/11 & 9/19 so I was curious if this indicator works better in an up market or do I have too few data to be drawing any conclusions?
Thanks for your willingness to share!
Mr Risk added these pithy words on Tue, 1-6-09 at 6:46 pmThere was a pullback in many of these leading stocks. BRK seems to be holding on as well. Dr. Wish, have you noticed that your leading stock portfolio often gives early warning signs before the popular market averages will decline?
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