Hangin' On

The QID trade gave a little more up today on even lighter volume. The QQQQ's inched up another half a percent but it wasn't quite enough to nudge the CMI 2.0 out of the trade. I guess the new pivotal day is Thursday. I still think that the market is just consolidating and heading for new lows.

Oh right, I don't get paid to think.

All the thinking was done already when designing the CMI 2.0. Only history will show whether it was best to take the 15% gain, or set a stop that would have triggered a couple of days ago. History has already shown that second guessing, unless you have some really good market sense, doesn't always pay.