Monkey Throw Dart: Knowing When to Fold Em'

Monday, August 17, 2009

Knowing When to Fold Em'

On days like this, I'm glad to be holding only Treasury bonds. My decision to take the 10% from the last QLD trade looked like a smart decision after all. Of course, I never like to deviate from the CMI but I know that it hasn't exactly turned on a dime and reacted very quickly during some of these market back flips.

The CMI still does not want to give up the QLD trade. Hopefully, if the market decides to tank, the CMI will turn without too much of delay. I'll post the year to date CMI results at the end of the week.