Seccond day of QQQQ short term up-trend; longer term trend now up too.


The GMI remains at 5 (of 6) but the longer term trend for the QQQQ has just turned up.   The GMI did not move to 6 because one of its components turned negative (successful new high index). Nevertheless this market is starting to look strong.   So many stocks that   I follow or own are now moving up:   NTAP, AAPL, APKT, PANL, VRX, ARMH, PPO, AMT, TTM, VIT, NFLX, GMCR.   So I am accumulating QLD (the ultra long QQQQ ETF) and waiting to see if this new up-trend can hold.   Just in case, I am wading in slowly.

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