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Dr. Wish

GMI: 6; T2108 indicator at peak

Monday, October 8, 2007 @ 11:12 pm by Dr. Wish

The GMI remains at 6, but the Worden T2108 indicator is about as high as it gets, 82%.  The QQQQ is in the 26th day of its short term up-trend.  Gmi1005_2

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GMI: 6; QQQQ in 25th day of up-trend; PAY jumps

Friday, October 5, 2007 @ 12:01 am by Dr. Wish

The GMI is still at a maximum level of 6 and the QQQQ is in its 25th day of its short term up-trend.  The Worden T2108 indicator is 79%.  Judy’s pick, PAY, vaults 4% on Thursday (I own it).

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GMI: 6; 33-38% of stocks advance

Thursday, October 4, 2007 @ 12:01 am by Dr. Wish

GMI is still 6, while only 33-38% of the stocks in the Dow 30, Nasdaq 100 and S&P500 indexes advanced.  Wednesday was the 24th day of the current QQQQ short term up-trend.  There were 139 new highs and 19 new lows in my universe of 4,000 stocks.  The up-trend remains intact.

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Current GMI Signal

GREEN

since close on May 5, 2024

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$191.68273.35%
SFM1/29/24$49.45$111.55125.58%
CRS4/23/24$79.66$238.12198.92%
AGX9/6/24$76.70$296.39286.43%
BKNG9/16/24$3,918.00$4,952.3126.40%
APP9/17/24$116.09$605.68421.73%
DUOL9/18/24$245.87$330.5634.45%
EAT10/1/24$78.33$128.2863.77%
NFLX10/18/24$700.99$1,183.5968.85%
LRN10/23/24$69.70$140.68101.84%
PLTR11/5/24$44.91$178.12296.62%
SPOT11/6/24$387.44$664.4671.50%
CRWD4/24/25$398.33$482.2321.06%
CLS5/1/25$87.00$279.86221.68%
RGC5/1/25$1.55$17.951058.06%
CCJ6/9/25$62.55$91.1345.69%
SEZL5/9/25$79.59$74.90-5.89%
CRWV5/14/25$64.62$141.74119.34%
GEV5/20/25$447.50$602.0034.53%
NVDA6/3/25$140.76$181.8129.16%
MIRM8/7/2025$54.23$74.4237.23%
CCJ6/9/25$62.55$91.1345.69%
ORCL6/12/25$198.31$313.0057.83%
QBTS5/20/25$13.23$40.46205.82%
IONQ9/12/25$54.74$65.5919.82%
HOOD6/30/25$85.60$131.4453.55%
IREN9/9/2025$28.25$61.83118.87%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
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  • How I use put options as investment insurance
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • 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 37 of $QQQ short term up-trend; Check out this amazing daily chart showing how $GLD has closed above its 5 EMA every day but one since August 22! See also $IREN, and how I trade this pattern.
  • Blog Post: Day 35 of $QQQ short term up-trend; $QQQ has a blue dot (oversold bounce), GMI back to 5 (of 6).
  • Blog Post: Day 34 of $QQQ short term up-trend, it could end on Monday; GMI= 4 and still Green; Will indexes hold on Monday?
  • Blog Post: Day 32 of $QQQ short term up-trend; 176 US new highs, 58 lows and 68 ATHs; This daily modified Guppy chart shows $QQQ in a solid RWB up-trend.
  • Blog Post: Day 29 of $QQQ short term up-trend; Thank you for the many “likes” I received for my post about the pundits who are predicting an imminent market top. NO ONE knows what the market will do, except by chance once in a while. I explain why I think collections of winning stocks can mislead traders. Expect failed setups!

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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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