With a $31.70 open, the QLD trade closed slightly over 20%. This results in a 19.2% YTD gain. This give me more incentive to jump all over the next trade signal and hold tight until it closes or reaches 20%. I am less inclined to trade without confirmation of the CMI. If there is a next QLD trade after this one I would assume it to be smaller than the next QID trade. Speculation does not matter, only following the signals is important.
About this Site
Hello! Sigmund here. Just a quick word about this site. Monkey Throw Dart is an informational site for traders and investors who are looking for a trading strategy that really works. Using a unique trend-following system, originally called the Cheetum Market Indicator 1.0 (CMI 1.0) which has now morphed into a beast called the MensaMonkey, the goal is still the same: Outperform the market with double digit gains every year regardless of market direction.The stock market will never be a safe place for your savings or trading capital unless you have a plan that includes expert timing, and a good dose of risk management. This site is dedicated to leveling the playing field, or playing jungle as the case may be. No gimmicks or phony promises. Transactions and trading signals are posted as they happen so you can follow along as I sink or swim with every trade.
2013 starts the fifth year of this grand experiment so set your sights on the MensaMonkey's trade signals just below these words because the little primate's market calls are on public display as usual and can change at any time.
To learn more about the MensaMonkey trading, scroll down to the 'Posts By Category' in the sidebar below and look for MensaMonkey, or just click here.
Of course, if you end up losing money due to information posted here, don't blame me. You're the one who took advice from a chimp.
Sigmund's Blog List
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This is the end9 months ago
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