The CMI continues to hold tight to the QLD trade. This week, another 0.5% was added to the previous week's gains so no one is complaining here. If this is the downside to an overbought condition, life for the QLD buyer is good. The CMI can be slow to get out of a trade so hopefully there will be no sudden death spirals of the Nasdaq anytime soon. I will follow the CMI off the cliff since it has out-traded me during the last month. I reserve the right to change my mind so take the last sentence with a grain of salt, preferably sea salt.
About this Site
Hello! Sigmund here. Just a quick word about this site. Monkey Throw Dart is an informational site for traders and investors who are looking for a trading strategy that really works. Using a unique trend-following system, originally called the Cheetum Market Indicator 1.0 (CMI 1.0) which has now morphed into a beast called the MensaMonkey, the goal is still the same: Outperform the market with double digit gains every year regardless of market direction.The stock market will never be a safe place for your savings or trading capital unless you have a plan that includes expert timing, and a good dose of risk management. This site is dedicated to leveling the playing field, or playing jungle as the case may be. No gimmicks or phony promises. Transactions and trading signals are posted as they happen so you can follow along as I sink or swim with every trade.
2013 starts the fifth year of this grand experiment so set your sights on the MensaMonkey's trade signals just below these words because the little primate's market calls are on public display as usual and can change at any time.
To learn more about the MensaMonkey trading, scroll down to the 'Posts By Category' in the sidebar below and look for MensaMonkey, or just click here.
Of course, if you end up losing money due to information posted here, don't blame me. You're the one who took advice from a chimp.
Sigmund's Blog List
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This is the end10 months ago
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