GMI: 0; minimal changes; D-31

GMI is still at zero.  Gmi0623 On Friday there were 24 new highs and 143 new lows in my universe of nearly 4,000 stocks.  33-50% of the stocks in the QQQQ, SPY and DIA advanced.  Indicators are off of their lowest levels of the past few weeks.  Friday was the 31st day (D-31) of the current QQQQ down-trend.  We have completed 7 weeks with the QQQQ below its 10 week average.  It will take some time for the trend to reverse.  I remain mainly in cash with a few put options in my IRA.

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