Monkey Throw Dart: A Little Separation

Tuesday, January 12, 2010

A Little Separation

Looking at all those squiggly lines on the CMI roadmap, especially in a consolidating market, is difficult enough. The lines are close together and it is difficult to determine direction from one day to the next. After today it was a little easier. A couple of more days of beating the market over it's overbought head will really create some separation between the lines, and more importantly, will extend the trade. As I have said before, the longer the trade, the better the result in most cases.

The CMI 2.0 QID trade moved into positive territory today. Current trade results are posted in the side bar, (or side bear!). The YTD gains will be updated when this trade closes, or at some time within the next couple of weeks if this trade goes into 'overtime'.