04/15/2011 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


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).

1

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.

2

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  
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