The GMI remains at 4 (of 6) and the GMI-R rose one, to 8 (of 10). Friday was the 24th day of the current QQQQ short term up-trend. The Worden T2108 Indicator is now at 74%, so the market pendulum is in high territory but can remain here for months. The general market trend is up, with the dollar gaining strength and gold weakening. I just found a new ETF, UUP, that one can use to go long the dollar.
I already own DZZ, the ultra short ETF for gold. All of my short term indicators for four key index ETF’s are now positive. Stocks I own or continue to watch include: URBN, ITRI, CPST, AAPL, RIMM and PRGO.