GMI declines to 1; getting defensive, yet again

Thursday, September 22, 2011Wednesday, September 21, 2011 @ 7:01 am by Dr. Wish

GMI1/6

GMI-23/9

T210826%

The sudden decline on Wednesday reversed the positive signs seen in the GMI. The QQQ short term up-trend still completed its 10th day and continues. If the short term trend turns down, I will go back to cash.

3 thoughts on “GMI declines to 1; getting defensive, yet again”

Ed Heath

Thursday, September 22, 2011 at 10:34 am

Can you explain what indicators you use to determine the QQQ uptrend.

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Ewish

Thursday, September 22, 2011 at 10:52 am

I watch key moving averages.

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Ed Heath

Friday, September 23, 2011 at 8:52 am

May I ask which moving averages?

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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	$171.47	392.87%
META	1/23/24	$384.33	$573.03	49.10%
APP	9/17/24	$116.09	$328.57	183.03%
COST	12/11/23	$615.27	$969.62	57.59%
GDDY	11/22/23	$93.75	$199.32	112.61%
WING	11/15/23	$223.77	$338.00	51.05%
CAVA	4/22/24	$58.10	$142.48	145.23%
CAH	11/3/23	$95.45	$122.56	28.40%
PGR	10/13/23	$149.87	$267.53	78.51%
ANF	12/18/23	$85.77	$145.62	69.78%
MPTI	10/9/23	$21.00	$65.06	209.81%
PANW	8/21/23	$213.61	$395.50	85.15%
NVO	8/8/23	$86.49	$106.16	22.74%
CBOE	8/4/23	$138.54	$219.47	58.42%
VST	8/4/23	$27.96	$161.09	476.14%
MOD	8/3/23	$37.62	$138.27	267.54%
VRT	8/2/23	$28.80	$130.81	354.20%
PSN	8/2/23	$50.15	$96.94	93.30%
PHM	4/25/23	$63.90	$135.52	112.08%
CRS	4/23/24	$79.66	$194.80	144.54%
IBKR	2/9/24	$95.59	$192.15	101.01%
BX	10/11/24	$149.78	$191.09	27.58%

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3 thoughts on “GMI declines to 1; getting defensive, yet again”

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