01/31/2011 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


The bottom line, the short-term trend is down. I hold short position overnight, slightly underwater.

From ISEE, I see retailers are heavily betting on the upside perhaps for the very very bullish 1st trading day of the month which according to the Stock Trader’s Almanac, the first trading day in February, Dow and SPX up 7 of last 8. The statistics below is from Bespoke (the data is just a year old, so I assume it still applies?)

1

Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.

TICKER Entry Date Entry Price Share Stop Loss Exit Date Exit Price Profit Comment
SDS 01/31/2011 $22.77 300 $22.09  
SDS 01/28/2011 $22.64 100 $22.65 01/31/2011 $22.78 14.00  
SDS 01/28/2011 $22.64 300 $22.09 01/28/2011 $23.03 117.00 Partial profit before weekend.
SSO 01/26/2011 $50.87 200 $49.72 01/26/2011 $51.06 38.00  
SSO 01/24/2011 $50.49 100 $48.97 01/24/2011 $50.52 3.00  
SDS 01/20/2011 $22.98 200 $22.34 01/25/2011 $22.75 -46.00 Half positioned to balance long position.
SSO 01/19/2011 $49.81 100 $48.86 01/21/2011 $50.20 39.00 Speculation play, half positioned.
SDS 01/19/2011 $22.77 500 $22.34 01/19/2011 $22.91 70.00  
SSO 01/14/2011 $50.06 50 $50.73 01/19/2011 $50.73 33.50  
SSO 01/14/2011 $50.06 150 $48.86 01/14/2011 $50.65 88.50  
SSO 01/12/2011 $49.91 100 $48.25 01/12/2011 $50.11 20.00  
SSO 01/11/2011 $49.20 100 $48.25 01/12/2011 $50.02 82.00  
SSO 01/11/2011 $49.20 100 $48.25 01/11/2011 $49.24 4.00 Risk control, half position out.
SSO 01/10/2011 $48.98 100 $47.65 01/11/2011 $49.38 40.00  
SSO 01/06/2011 $49.26 100 $48.29 01/07/2011 $48.28 -98.00 Stop loss.
SSO 01/06/2011 $49.26 100 $48.29 01/07/2011 $49.50 24.00 Target met, partial profit.
SSO 01/04/2011 $49.02 100 $47.65 01/05/2011 $49.38 36.00  
SSO 12/30/2010 $48.02 100 $48.66 01/04/2011 $48.66 64.00  
SSO 12/30/2010 $48.02 100 $47.44 01/03/2011 $49.20 118.00 Partial profit.
SDS 12/30/2010 $23.88 400 $23.60 01/03/2011 $23.30 -232.00 Gap down, manual stop loss used.
SUM 415.00  
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