The bottom line, the short-term trend is up. I hold partial long position overnight.

OK, no inertia at least on the downside, let’s see whether it applies on the upside, as a strong up day like today most likely won’t be just a one day wonder, at least a higher high could be expected. Although chances are a little bit higher that we’ll see a gap down tomorrow morning because we’ve had 5 consecutive gap ups.

VIX BB buy setup has confirmed today, let’s see how far it could go this time.


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
SSO 02/01/2011 $51.03 50 $51.23
SSO 02/01/2011 $51.03 50 $49.23 02/01/2011 $51.46 21.50 Partial profit to lock SDS losses.
SDS 01/31/2011 $22.77 300 $22.09 02/01/2011 $22.09 -204.00  
JAN 415.00  
SUM 232.50