Posted Monday, January 23, 2012 @ 7:00 am by Dr. Wish
17th day of QQQ short term up-trend; GMI buy signal since Dec. 23rd
GMI and GMI-2 remain at 6 (of 6). While the Worden T2108 is high, at 84%, this up-trend still looks strong. I am 100% invested in mutual funds in my university pension. My trading accounts hold long positions. I am gradually accumulating index ETF’s. The GMI buy signal has been in place since December 23rd. Since that day, the QQQ has advanced +6.6%, the QLD is up +13.5% and the TYH is up +19.5%.
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