Even after jumping back in to the QLD trade at what could normally be considered an overbought market, I get the feeling that the market is not ready to hand it over to the bears. I am letting the CMI guide the trading and have not looked very closely at this recent consolidation if you want to call it that.
I will update the YTD trade results in the left sidebar near the end of the week.
Wednesday, April 15, 2009
On CMI Autopilot
Labels:
Market Wrap-Up