Posted Tuesday, August 7, 2012 @ 7:00 am by Dr. Wish

GMI and GMI2 both 6 (of 6); 6th day of QQQ short term up-trend; HFC breaks out

GMI

6/6

GMI-2

6/6

What is the GMI?
 

WORDEN T2108

74%

I am accumulating QLD. HFC is breaking out of a multi-year base.  Check out this green line chart. Click on chart to enlarge.


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Comments ( 3 )

after reading constance Brown book on Fib Analysis I see why physicist and engineers make good stock pickers. Very intricate system, but very effective

Chris added these pithy words on Tue, 8-7-12 at 8:28 am

Are you accumulating long calls on QLD?

dcpatton added these pithy words on Tue, 8-7-12 at 2:41 pm

Physicists and engineers are employed/do well on wall street because that educational track usually comes with an understanding of data analysis and things like Fourier transformations and Fourier analysis.

http://www.webcitation.org/5reh6NujR

Matt added these pithy words on Tue, 8-7-12 at 11:57 pm

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