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.
UBER	1/25/24	$64.05	$71.94	12.32%
META	1/23/24	$384.33	$494.17	28.58%
SMCI	1/19/24	$357.00	$960.08	168.93%
COST	12/11/23	$615.27	$715.19	16.24%
GDDY	11/22/23	$93.75	$122.36	30.52%
WING	11/15/23	$223.77	$359.57	60.69%
ELF	1/8/24	$139.85	$166.26	18.88%
CAH	11/3/23	$95.45	$106.52	11.60%
PGR	10/13/23	$149.87	$209.12	39.53%
ANF	12/18/23	$85.77	$113.48	32.31%
MPTI	10/9/23	$21.00	$26.25	25.00%
PANW	8/21/23	$213.61	$277.33	29.83%
NVO	8/8/23	$86.49	$124.53	43.98%
CBOE	8/4/23	$138.54	$176.96	27.73%
VST	8/4/23	$27.96	$68.65	145.53%
MOD	8/3/23	$37.62	$85.64	127.64%
VRT	8/2/23	$28.80	$81.88	184.31%
PSN	8/2/23	$50.15	$78.56	56.65%
PHM	4/25/23	$63.90	$106.15	66.12%

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

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