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You Are Here: Home > Articles > Contributors > GMI: 0; GMI-R: 1; EBS--another new high; 65th...

GMI: 0; GMI-R: 1; EBS--another new high; 65th day of QQQQ short term down-trend
Dec 03, 2008

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Dr. Wish

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The GMI remains at zero, but the GMI-R rose to one.  There were 6 new highs (EBS, LHCG, CBST, UTI, TLH and OSIR) and 92 new lows in my universe of 4,000 stocks on Tuesday.  EBS continues to show outstanding strength, and the other 5 new highs also bear watching.  Some look very promising.  Monday's decline might have been a false move.  Let's see if the market can recover all of the losses this week.  Tuesday was the 65th day of the current QQQQ short term down-trend. 



by Dr. Wish (Wishing Wealth)

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