Compare with the "Pros"

While I was wringing out my keyboard, I came across a site that let's you get a glimpse of the "professionals" in action. (Yes, my quotations are full of sarcasm.) Check out TickerSpy if you are interested in the wheelins' and dealins' of the big $ funds.

Using the link above, you can go to the 'most watched' portfolios, sort by all-time change, and then look at the 'start date'. Those highest on the list by '% gain' with the longest time in are the one I tend to look at most closely since many of the biggest gaining funds just happened to have 'start dates' in 2009. Buying anything in 2009, and promoting those year-end results puts them in the dart-throwing monkey category.

Even though I do not partake in any mutual fund, some of the individual stock picks are thought-provoking to say the least.

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The market action today gave the CMI a little push towards a possible, near-term QID buy, but as of this moment the CMI is extending the QLD trade until further notice. A couple days of light volume retracement would be just what the donkey ordered to push the QLD upward into the end of this quarter.