34th day of QQQ short term up-trend; GMI rises to 4

GMI4/6
GMI-25/8
T210837%

GMI is back to 4 and it looks to me like the QQQ short term up-trend is intact.   I started buying TQQQ again. This market has had a lot of opportunities to decline but has held—for now. I am slowly going long again.

3 thoughts on “34th day of QQQ short term up-trend; GMI rises to 4”

  1. Dr. Wish and Judy, what about INVN and DDD?? Both keep going up despite the market and IBD’s “Mkt in correction”. I take IBD with a grain of salt. We don’t buy the market, we buy individual stocks! My entry in INVN was $10.50 and Judy once said she owns this stock, too. Since then, my money is almost doubled and I plan to sell at $22. Cheers!!

  2. If you go against the general market’s trend the odds will eventually catch up with you. You may also only be telling us about the one stock that worked out for you.

  3. You’re correct. This year I also bought GMCR at $78.20, sold 2 wks later and came out even, in hindsight I should’ve kept those shares because it turned up again. Those funds I bought DDD, though. The bad thing is that I don’t have a lot of money to invest.:)

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