Monkey Throw Dart: Not So Fast

Thursday, October 29, 2009

Not So Fast

This is the first time in CMI history that I did not jump all over a trade signal from the CMI. This is mainly due to the fact that I am more interested in the CMI 2.0. I won't buy the QID this time and will let the CMI show me up again although I think the CMI will get whipsawed today and have to reverse this signal.

If I am right...score one for CMI 2.0. If the bear in the left sidebar disappears, you'll know why.

I am putting together one of those 'propaganda type' charts that show where a $10,000 investment in the S&P, CMI, and CMI 2.0 would be after 10 months. This will clearly show that hindsight really is 20/20. We can only wish for foresight that will also be 20/20 in the coming months. (I'll even take 20/40 with corrective lenses.)

Stay tuned for more scary posts. I haven't used up all my Halloween jpg's yet.