Posted Monday, April 13, 2009 @ 11:05 pm by Dr. Wish

T2108 hits 90%; IBD 100 leaders

GMI

4/6

GMI-R

8/10

What is the GMI?
 

WORDEN T2108

90%

GMI  and GMI-R each lost one.  There just aren’t enough new highs to compute the 10 day successful new high indicator.  There were only 12 new highs and 8 new lows in my universe of 4,000 stocks on Monday. Seven of the 12 are on my IBD100 lists:  SNDA, ALGT, NFLX, NTES, LFT, GMCR and CPSI.  These stocks, some of which I own, are leading the market up.

Share this post

Comments RSS Comment | Trackback | Disclaimer |
Post Tags: ,

Comments ( 3 )

ERIC, wher eis the handle on ALGT graph? Was it formed around the $42-43 level or is it forming now around $50′s? Your thoughts? thanks

Giuse added these pithy words on Wed, 4-15-09 at 12:06 pm

Looks like a cup without handle to me.

Dr. Wish added these pithy words on Thu, 4-16-09 at 7:18 am

Darn it, can’t use cup without a handle… burns my hand!!

Giuse added these pithy words on Thu, 4-16-09 at 1:54 pm

Add a Comment


XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



© Copyright 2012 Wishing Wealth Blog . Thanks for visiting!