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Dr. Wish

GMI: 0; GMI-R: 0; 23rd day of QQQQ down-trend; DGP

Tuesday, July 15, 2008 @ 12:01 am by Dr. Wish

The GMI and GMI-R remain at zero.  There were 29 new highs and 548  new lows in my universe of 4,000 stocks on Monday.  Monday was the 23rd day of the current QQQQ down-trend.  The Worden T2108 indicator remains at 11%. Gold remains strong; the Ultra long gold ETF is DGP.

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GMI: 0; GMI-R: 0; 22nd day of QQQQ down-trend

Monday, July 14, 2008 @ 12:01 am by Dr. Wish

The GMI and GMI-R are both back to zero.  There were 28 new highs and 711 new lows in my universe of 4,000 stocks on Friday.  The Worden T2108 indicator is back to 11%, still above the low of 8% reached last Monday. Friday was the 22nd day in the current QQQQ down-trend. I hold short and long positions.

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GMI: 0; GMI-R: 1; 21st day of QQQQ down-trend

Friday, July 11, 2008 @ 12:01 am by Dr. Wish

The GMI remains at zero, and the GMI-R rose to one.  There were 20 new highs and 457 new lows in my universe of 4,000 stocks on Thursday.  The Worden T2108 indicator is now at 12%.  I sold CPST several days ago.  Thursday was the 21st day of the current QQQQ down-trend.

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Current GMI Signal

RED

since close on Mar 6, 2026

Successful GLBTracker

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.DateGLB $Now $Chg.
HWM11/14/23$51.34$237.28362.17%
SFM1/29/24$49.45$76.0953.87%
CRS4/23/24$79.66$406.89410.78%
AGX9/6/24$76.70$564.33635.76%
BKNG9/16/24$3,918.00$4,175.086.56%
APP9/17/24$116.09$392.20237.84%
EAT10/1/24$78.33$143.1282.71%
PLTR11/5/24$44.91$147.26227.90%
SPOT11/6/24$387.44$476.5623.00%
CRWD4/24/25$398.33$394.00-1.09%
CLS5/1/25$87.00$294.25238.22%
RGC5/1/25$1.55$33.582066.45%
CCJ6/9/25$62.55$113.8081.93%
CRWV5/14/25$64.62$78.8822.07%
GEV5/20/25$447.50$905.94102.44%
NVDA6/3/25$140.76$176.2025.18%
MIRM8/7/2025$54.23$96.2177.41%
CCJ6/9/25$62.55$113.8081.93%
QBTS5/20/25$13.23$14.519.67%
SNDK9/4/25$58.36$697.751095.60%
IREN9/9/2025$28.25$34.8023.19%

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  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Blog post: Day 39 of $QQQ short term down-trend; GMI=0; $QQQ weekly chart below shows continuing significant down-trend with 4wk avg<10wk avg<30wk avg; waiting for a confirmed new up-trend.
  • Blog Post: Day 37 of $QQQ short term down-trend; GMI=1 and 10 week average closes week below 30 week average, see weekly chart. Stage 4 down-trend likely.
  • Blog Post: Day 36 of $QQQ short term down-trend; Indexes are very oversold; QQQ topped out in October, 2025, long before the current war, see weekly chart. End of the war may not change the longer term trend. Modified daily Guppy chart would have had you exit META long before Thursday’s debacle, see chart.
  • Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend.
  • Blog Post: Day 32 of $QQQ short term down-trend; $QQQ 10 week average about to cross below 30 week average. It has been a long time since I have seen such market weakness.

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  • Dark Liquidity
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Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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