04/11/2011 After Bell Quick Summary


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The bottom line, the short-term trend is down. I hold both long and short overnight.

A little little bit bullish biased toward tomorrow as whenever SPX down 3 days in a row, buy at today’s close sell at tomorrow’s close since 2003, you have 66% chances. On a little bit longer than short-term, however, as I’ve mentioned in today’s intraday comment, a strong uptrend should never have 3 consecutive down days, so the future is not very bright for bulls. I’ll, as usual, present my witness in tonight’s report to coax you into believing so.

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
SSO 04/11/2011 $53.16 100 $51.57 Not sure, speculation play.
SDS 04/11/2011 $21.93 200 $20.45 New strategy, always hold.
SSO 04/08/2011 $53.47 100 $51.57 04/11/2011 $53.58 11.00  
SDS 04/07/2011 $20.71 400 $20.46 04/08/2011 $20.86 60.00 Against trend 1st time, half positioned.
SSO 04/07/2011 $54.35 100 $53.09 04/08/2011 $54.36 1.00  
SSO 04/06/2011 $53.93 200 $53.09 04/06/2011 $54.13 40.00  
SSO 04/04/2011 $53.74 100 $53.09 04/08/2011 $54.00 26.00  
SSO 04/01/2011 $54.00 100 $51.57 04/05/2011 $54.18 18.00  
SSO 03/28/2011 $52.02 100 $49.91 04/01/2011 $54.09 207.00  
LAST 1158.00  
SUM 1521.00  
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