Catching Up

In an effort to catch up to the CMI, I had bought the QLD on Monday based on the buy signal received from the new, untested CMI 2.0. I think that this system will 'out shine' the CMI since the signals appear to be more aligned with the market swings while smooth enough to prevent too many false signals.

This method will either put you in the QLD or the QID with less time on the sidelines. I am still working out some of the details that have to do with selling (buying the QID) in a uptrending market and vice versa as these signals are not quite as profitable.

Back testing during a flat year such as 2005 should still be done although I will have to play around with some exponential smoothing of the data in order to generate the correct graph.

I will post the results of this first CMI 2.0 trade when I get the sell signal. The old CMI is holding in a 'no trade' pattern and should be there for a while.