Short and longer term up-trends are in place. Note, however, that the T2108 is pushing 80%.
Month: January 2012
13th day of QQQ short term up-trend
My indicators remain positive and I am 100% invested in mutual funds in my university pension account. I am gradually accumulating long positions in my trading accounts. 
The GMI is at 5 and and the GMI-2 is at 6 (of 6). The GMI gave a buy signal on December 23rd and is still in place. The following 12 stocks passed my TC2000 scan of hitting new 52 week highs on Friday and having solid fundamentals: SMP,CMG,CCU,RGR,WPZ,RYN,PNRA,FAST,NGLS,M,USB,PETM. All but M and USB are at all-time highs. Some of these may be worth researching.
12th Day of QQQ short term up-trend
T2108 breaks 80%, in overbought territory, and about one half of Nasdaq 100 and Dow 30 stocks have an overbought stochastics reading. Still, the GMI buy signal of 12/23 remains firmly in place. Among the 17 stocks hitting a new high on Thursday and having very good fundamentals are: NEU, ADS, ARG, DCI, PETM, SBUX, HIBB, FAST, FEIC,CRMT, WYN,GNRC. All are at all-time highs.