The GMI remains at +6. There were 407 new highs in my universe of 4,000 stocks. 49% of the Nasdaq 100 stocks rose on Thursday, along with 55% of the S&P 500 and 67% of the Dow 30 stocks. 
Thursday was the seventeenth day in the current QQQQ short term up trend (U-17). All indicators seem positive, but I am still skeptical of a continued rise, given the cost of oil and gasoline. But I guess I have to enjoy this rally as much as I can and not fight it too much……
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