With the T2108 at 79% (79% of NYSE stocks closed above their average price over the past 40 days) the market is near extreme overbought territory. T2108 can get as high as 85-90%, but when it does the market rally is about over. So I am proceeding slowly. Thursday was the second day of the new QQQ short term up-trend and the GMI flashed a Buy signal at Tuesday’s close. LAD, which I wrote about yesterday, moved to another new high. Other stocks at green line all-time highs are: ABG, CP, V, LMCA, TRMB, EQIX and RAX. All of these were in one of my IBD 50 or other IBD cited watch-lists. They might be worth researching.