03/28/2011 After Bell Quick Summary


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The bottom line, the short-term trend is not clear. I hold long position overnight for speculation play only.

A little bit bullish biased toward tomorrow. The evil plan is still 3 push up therefore we may still miss the final push up to form either a higher high (most likely because the RSI negative divergence is not enough) or lower high. There’re some chances though that today’s high was the 3rd push up high (so the 2 legged down has already started) but I’ll present some evidences that the 3rd push up high is still likely in tonight’s report.

1

One interesting thing though, retailers bought huge equities CALLs when the market was being sold off. Bullish sign or bearish sign? Well, you tell me?

2

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 03/28/2011 $52.02 100 $50.97 Half positioned, may add more.
SSO 03/25/2011 $52.29 100 $50.97 03/25/2011 N/A N/A No guts to take the trade.
SSO 03/24/2011 $51.62 100 $49.91 03/28/2011 $52.39 77.00  
SSO 03/23/2011 $50.72 200 $49.43 03/24/2011 $51.69 194.00  
SDS 03/23/2011 $22.29 300 $21.58 03/24/2011 $21.50 -237.00  
SDS 03/17/2011 $22.83 200 $21.58 03/22/2011 $22.02 -162.00  
SDS 03/16/2011 $22.81 200 $21.85 03/16/2011 $23.36 110.00  
SDS 03/15/2011 $22.50 200 $21.58 03/16/2011 $22.60 20.00  
SDS 03/14/2011 $22.01 200 $21.02 03/15/2011 N/A N/A Network problem, didn’t take the trade.
SDS 03/14/2011 $22.08 200 $21.02 03/14/2011 $22.17 18.00  
SSO 03/07/2011 $52.17 100 $50.84 03/09/2011 $52.57 40.00
SSO 03/04/2011 $53.01 100 $50.84 03/07/2011 $53.23 22.00
SSO 03/03/2011 $53.33 100 $51.52 03/04/2011 $53.49 16.00  
SDS 03/01/2011 $21.37 200 $20.62 03/01/2011 $21.76 78.00  
SSO 02/28/2011 $53.09 100 $52.20 03/01/2011 $53.69 60.00  
SDS 02/22/2011 $21.05 300 $20.62 03/10/2011 $21.82 231.00  
LAST 691.00  
SUM 1158.00  
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