Any Monkey, Any Dart

Days like this remind me of the late 90's where you could close your eyes, throw the dart and look like a stock picking genius. We will see if the rally can sustain this move. A nice target for the NYSE would be 6000 since that is where the ceiling is. Stops are in place here as I am taking out half of the gains if the market reverses direction. A 5% dip in the QLD will bump me out of the trade so I am hoping for a bullish start for the Friday session.

Of course the CMI will continue to chug along until it runs out of gas. No stops allowed. This has resulted in a poor first quarter performance but historically, letting the CMI run it's course has proven to be very profitable. I wouldn't be disappointed if the CMI caught up to my 16.5% gain...now a 26.5% gain or a 21.5% gain if stopped out. I don't mean to dwell on the numbers here, but I just couldn't resist.