The good news is that the last QID trade resulted in a gain. The bad news is that the slightly more nimble Cheetum Market Indicator has been watching too many highlight reels of the great running back, Barry Sanders.
I'd much rather stick to the plan and hold a QID position, but the CMI is calling the shots. Let's hope that the CMI can turn on a dime if necessary.
Closing QID, opening QLD at tomorrow's open.
Who knows? Maybe a repeat of September 2010 is in the works, or QE3 has started and the CMI read it in the tea leaves, or in the AstroTurf.
Friday File: Odds of Success?
2 hours ago