Posted Wednesday, April 22, 2009 @ 11:20 pm by Dr. Wish

Market rally continues; 25th day of QQQQ up-trend

GMI

4/6

GMI-R

8/10

What is the GMI?
 

WORDEN T2108

89%

There were 16 new highs and 7 new lows in my universe of 4,000 stocks on Wednesday.  Six  stocks on my IBD100 lists from the past year reached new highs:  AZO, GMCR, JOSB, FIZZ, QSII and LFT.  The QQQQ up-trend continues, now in its 25th day.  Stay with the trend and ignore the pundits’ prognostications.

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