The GMI remains at 6 and the GMI-R at 10. In spite these strong readings, it is disconcerting to me that the number of stocks in my universe of 4,000 that are hitting new lows is climbing. On Thursday, there were 157 new highs and 153 new lows. It is strange to see the steady climb in new lows. Many of these lows are regional banks that are in the midst of large declines. As Judy said to me, this may be the reason the Fed reduced rates. They may have foreseen the bank carnage. Speaking of Judy, her stock pick, COMV, that I wrote about on October 10, at 35.01, moved up again on Thursday, to 38.46.
Judy
GMI: 6; GMI Revised; EDU – another one of Judy’s picks
The GMI is still at a maximum reading of 6, and the number of new highs in my universe of 4,000 stocks rose to 216 on Monday. Monday was the 32nd day in the current QQQQ short term up-trend. 
Note that the Worden T2108 indicator has now declined to 67%, down from a high of 82% on October 5. (Click on the table to enlarge.)
After much thought, I have revised the GMI by adding 4 new indicators, signified by an "*". The GMI-R ranges from 0-10 and may provide a more sensitive measure of the trend of the general market. For the time being, I will post the original GMI and the revised GMI-R in the table for the benefit of readers who use the original index…….
Weeks ago, my talented stock picking friend, Judy, urged me to buy EDU. Her research indicated it was the "Kaplan" of China, helping the Chinese population to excel in prep-type exams to progress to higher educational levels . 
She bought the stock in early July and August in the low to mid 50’s. Well, I told her Sunday night that I would not write about EDU then because earnings were expected Monday. So, earnings came out and the stock shot up 12.56% on Monday in a sloppy market. (Click on chart to enlarge.) I need to follow Judy’s advice much more often and post more of her picks.
See my disclaimers at the bottom of the prior post.
GMI: 6; COMV breaks out and PAY hits new high; 29th day of QQQQ up-trend
The GMI is still at a maximum of 6, and there were 322 new 52 week highs in my universe of 4,000 stocks on Wednesday. Judy’s stock pick, COMV, broke out on Wednesday and closed at 36.14, up 3.2%. Judy’s other pick that I wrote about, PAY, hit a new high on Wednesday. The QQQQ completed its 29th day in its short term up-trend. The last short term up-trend in the QQQQ ended in late July and lasted 80 days. So, the current up-trend could have many more days to go….
See my disclaimers below.