The bottom line, the short-term trend is up, not confirmed though. I hold both long (trapped) and short (trapped) over the weekend.
Some of long setups I mentioned in 04/12 After Bell Quick Summary should be closed now (red lines), except one still is on (blue line).
As for the next week, a red Option Expiration week WAS generally not good for the following week, but I simply have no confidences in any bearish statistics now.
I know some may ask, what happens the next after an All Up Day? Well, take a look at 6.4.9 All Up Day Watch yourself, it’s not bearish anymore at least for the next Monday!
Enjoy your weekend!
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 | 04/14/2011 | $21.24 | 100 | $20.62 | Speculation play only. | |||
| SDS | 04/13/2011 | $21.19 | 300 | $20.62 | New strategy, always hold. | |||
| SDS | 04/12/2011 | $21.30 | 200 | $20.45 | 04/13/2011 | $21.40 | 20.00 | |
| SSO | 04/11/2011 | $53.16 | 100 | $51.38 | ||||
| SDS | 04/11/2011 | $20.93 | 200 | $20.45 | 04/12/2011 | $21.34 | 82.00 | |
| 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 | 1623.00 |