IBD says put/call ratio Monday was 1.24. Bounces usually come from this level. I am mainly in cash in my trading accounts. I forgot to post this table on Sunday night:
But this is history. The GMI is now 1 (revised after IBD released mutual fund index) and another day below 3 will signal a Sell.
- gmi: 1
- gmi-2: 0
- t2108: 26
SOURCE: Wishing Wealth Blog – Read entire story here.