Monkey Throw Dart: Staying True to the Stop

Saturday, March 28, 2009

Staying True to the Stop

The 'mental' stop was triggered yesterday leaving me with a 3.8% gain although the CMI buy signal is alive and well. YTD gains are posted in the left sidebar for trades I have made based on the CMI signals. Trading the CMI strictly using the signals is still open and not updated yet.

We will see what the climate is next week before jumping back in. The current plan would be to let the overbought market play itself out first but there is a good chance that the market could flip right around and head higher quickly.