GMI: 5; GMI-R: 9; techs shine

The GMI rose to 5 (of 6) and the GMI-R to 90%.  There were 123 new highs in my universe of 4,000 stocks and 81 new lows on Tuesday.  While the SPY (and DIA) remain technically weak, the tech stocks, as reflected in the Nasdaq 100 index, remain very strong.  The tech leaders, AAPL, RIMM, GOOG, ISRG and AMZN were all big winners on Tuesday.  I retained my position in QLD and will begin to write covered calls on IBD100 stocks later this week. 

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