The CMI is now officially in the 'no trade' zone after running the year to date totals up to over 30% for the year. Compare this to the Nasdaq and it doesn't look that impressive but it does make trading easy if you are willing to trust the signals.
The CMI could overtake the market if it times the QID trade correctly on the way back down. With one quarter to go, another 20% is possible but we will have to wait and see. There is no forcing the CMI to make a decision.
Anything seems to work in an uptrending market, unless you are short. Let's see how many Einsteins are left by the end of the year.
Saturday, September 26, 2009
Anyone Can Look Like A Genius
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Market Wrap-Up