Monkey Throw Dart: Closing the Trade

Wednesday, February 18, 2009

Closing the Trade

As expected, the CMI will be closing the QID trade at tomorrow's open. I will put a close stop in and hope for a big market gap down although this is not likely. The bull and bear are now in the left sidebar so we will wait for the next signal which may come sooner than later if recent history is any indicator. I will update the year to date results after tomorrow's close.

Although the 2009 results have not been anything to write home about, I'm willing to bet that a couple of large gains are in the works as the year unfolds.