QID - QLD TRENDS (fka )

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Larry, do you believe the data referred to on the 10 day sma's is reliable in that article? It might be but any quick and violent sell off is likely to result in 90% of stocks being below their 10 day sma. But maybe this is good data. What if it is not?

I wanted to run some charts to confirm it but I cannot. The best I can do is show you with some charts that this opinion and data needs confirmation from the 50 day and 200 day sma's to be considered accurate. So in the next post I will show you what you should be looking for as confirmation using the correct sma's and record percentages on the 50 and 200 day sma's.

RtS