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Home > Articles > The Markets > GMI: 0; GMI-R: 0 3rd day of QQQQ down-trend;...

GMI: 0; GMI-R: 0 3rd day of QQQQ down-trend; GMI gets me out again

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The General Market Indexes, GMI and GMI-R are both zero for the first time since the August 4 lows.  There were only 15 new highs and 264 new lows in my universe of 4,000  stocks on Thursday.  Thursday is the 3rd day since I identified the new QQQQ down-trend.  The GMI indexes once again got me out of the market at the beginning of a decline.  It is now time to be short the QQQQ  by being in  QID  or in cash.  I never fight the market trend.


by Dr. Wish (Wishing Wealth)


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Home > Articles > The Markets > GMI: 0; GMI-R: 0 3rd day of QQQQ down-trend;...

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