IBD says “market in correction” but my indicators remain positive

Monday, May 9, 2011 @ 7:06 am by Dr. Wish

GMI5/6

GMI-25/9

T210861%

Friday was the 27th day of the current QQQ short term up-trend.

1 thought on “IBD says “market in correction” but my indicators remain positive”

jack foley

Tuesday, May 10, 2011 at 5:19 am

Thanks for the tip, Everybody seems to be bearish on stocks at the moment which is a good sign that the market will rally

im with u..

Cheers

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Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$133.49	283.70%
META	1/23/24	$384.33	$585.25	52.28%
APP	9/17/24	$116.09	$340.99	193.73%
COST	12/11/23	$615.27	$954.07	55.07%
GDDY	11/22/23	$93.75	$205.41	119.10%
WING	11/15/23	$223.77	$290.67	29.90%
CAVA	4/22/24	$58.10	$119.05	104.91%
CAH	11/3/23	$95.45	$118.28	23.92%
PGR	10/13/23	$149.87	$239.97	60.12%
ANF	12/18/23	$85.77	$154.56	80.20%
MPTI	10/9/23	$21.00	$49.86	137.43%
PANW	8/21/23	$213.61	$186.78	-12.56%
NVO	8/8/23	$86.49	$85.00	-1.72%
CBOE	8/4/23	$138.54	$191.61	38.31%
VST	8/4/23	$27.96	$139.95	400.54%
MOD	8/3/23	$37.62	$118.89	216.03%
VRT	8/2/23	$28.80	$120.04	316.81%
PSN	8/2/23	$50.15	$95.68	90.79%
PHM	4/25/23	$63.90	$110.52	72.96%
CRS	4/23/24	$79.66	$169.97	113.37%
IBKR	2/9/24	$95.59	$175.92	84.04%
BX	10/11/24	$149.78	$170.84	14.06%

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