End of the CMI 1.0

With a couple of days left in the year, there is is no chance of another CMI 1.0 buy signal. Here are the resulting trades for the original CMI:


You can see in the "G/L %" column that it was not always smooth sailing but in the end a 30.4% gain was attained. This was sort of a disappointment since the final results underperformed relative to the Nasdaq. Doubling the Nasdaq was always the unspoken goal. There were also many missed opportunities during the 'no trade' times. This was meant to add some safety to the method but in a trending market it proved to be more of a hindrance.

I had seen the limitations of this method early on and spent the last few months working on a more responsive trading method that I now call the CMI 2.0. This method will now be tracked and all signals will be generated from this new trading method.

As you can see in the left sidebar, the bull is back. It has been back since last Thursday and has increased my trading capital by 7.9%. I would like to get out of this overbought market but I will instead 'stay the course' and wait for a sell signal. Second guessing these methods can be quite costly and as someone once said, "Scared money doesn't make money". I hope whoever said that is still blowing his nose with $100 bills.