Warning!

The Monkey Throw Dart website has been taken off line permanently due to potential insider trading and Ponzi scheme activity. The SEC has been conducting an on-going investigation and will conduct the necessary deforestation to root out all jungle critters associated with this site's illegal activity.

I couldn't let the last two hours of Fool's Day go by without making some ape-like comment.

The only thing I can be accused of is being on the right side of the trade. The gap up today only helped the cause by giving us a higher sell price for the QLD and a lower buy price for the QID. As far as the CMI is concerned, looks like this trade will continue for at least a few days since the CMI lines are sort of locked in one direction regardless of what the market does early next week.

Since there is a trading lull for the next three days, I will continue my foray into the Forex market, and will put together some CMI 2.0 historical data going back to 2005. This historical data puts this mechanical method in perspective by pointing out the fact that losses are an inevitable part of the trading landscape.