Monkey Throw Dart: Read My QLD

Tuesday, February 16, 2010

Read My QLD

qld

Looks like I'm just a bull in a monkey suit...at least until the CMI 2.0 tells me to put on my bear costume. A gap down on Friday gave us a nice "out" of the QID and set up a low buy for the QLD. Today was just icing on the cake. I like cake...and grubs.

If this trade proves successful, it would be the 3rd winning trade in a row for the CMI 2.0. if you count that original trade from December. This is pushing the edges of CMI probability since two trades that result in consecutive gains or losses is more typical. Several years ago there were five winning trades in a row but that is an anomaly. I like anomalies...and grubs.