Monkey Throw Dart: Why This Monkey is a Bear

Saturday, August 29, 2009

Why This Monkey is a Bear

While the Nasdaq continues to march upward, Larry MacDonald explains why it might be a good reason to keep your trades in check.

The CMI gained about 1% since last week. The market was flat for the most part after I rejoined the CMI on Monday with another QLD trade. I have been bearish all year long but if the CMI says buy, well, monkey see, monkey do.