IBD says “market in correction” but my indicators remain positive

Monday, May 9, 2011 @ 7:06 am by Dr. Wish

GMI5/6

GMI-25/9

T210861%

Friday was the 27th day of the current QQQ short term up-trend.

1 thought on “IBD says “market in correction” but my indicators remain positive”

jack foley

Tuesday, May 10, 2011 at 5:19 am

Thanks for the tip, Everybody seems to be bearish on stocks at the moment which is a good sign that the market will rally

im with u..

Cheers

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Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$115.04	230.67%
META	1/23/24	$384.33	$738.09	92.05%
APP	9/17/24	$116.09	$350.08	201.56%
COST	12/11/23	$615.27	$989.94	60.90%
GDDY	11/22/23	$93.75	$180.06	92.06%
WING	11/15/23	$223.77	$336.74	50.48%
CAVA	4/22/24	$58.10	$84.23	44.97%
CAH	11/3/23	$95.45	$168.00	76.01%
PGR	10/13/23	$149.87	$266.86	78.06%
NFLX	10/18/24	$700.99	$1,339.13	91.03%
MPTI	10/9/23	$21.00	$42.00	100.00%
AGX	9/6/24	$76.70	$220.48	187.46%
SFM	1/29/24	$49.45	$164.64	232.94%
CBOE	8/4/23	$138.54	$233.21	68.33%
VST	8/4/23	$27.96	$193.81	593.17%
MOD	8/3/23	$37.62	$98.50	161.83%
VRT	8/2/23	$28.80	$128.41	345.87%
PSN	8/2/23	$50.15	$71.77	43.11%
PHM	4/25/23	$63.90	$105.46	65.04%
CRS	4/23/24	$79.66	$276.38	246.95%
IBKR	2/9/24	$95.59	$55.41	-42.03%
EAT	10/1/24	$78.33	$180.33	130.22%
DUOL	9/18/24	$245.87	$410.02	66.76%
HWM	11/14/23	$51.34	$186.13	262.54%
LRN	10/23/24	$69.70	$145.19	108.31%
SPOT	11/6/24	$387.44	$767.34	98.05%
CRS	4/23/24	$79.66	$276.38	246.95%

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