GMI: 6; ATHR breaks out; RIMM turning?

The GMI is still at the maximum reading of 6.  Only 45% of the Nasdaq 100 stocks rose on Monday along with 43% of the S&P 500 and 57% of the Dow 30 stocks.  54% of the stocks in the IBD 100 list from 2/5 also advanced.  There were 350 new 52 week highs Gmi0205 in my universe of 4,000 stocks.  Monday was the second day (U-2) in the current QQQQ up-trend.  Note that I have added to my market index table the count of the number of weeks that the SPY closed above or below its 10 week average.  Clearly, the SPY has been in a sustained  up-trend much longer  than the QQQQ, 24 weekly closes versus 1 weekly close above their 10 week averages.  ATHR broke out on Monday on very high volume.  RIMM may be resuming its up-trend. 


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