02/11/2011 After Bell Quick Summary

Cobra

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

 

As mentioned in the last night report, either the 2.5%+ pullback had started or it’s never going to happen until Galaxy far far away. Well, look at the chart below, comparing now with the past 9 cases, in order for the pullback to continue, immediately after the very 1st down day after 7+ consecutive up days, we should get a follow-through (another red day or at most small green), shouldn’t we? Do you think today’s up is the follow-through for yesterday? So looks like chances are good that the market will continue up from here, won’t it? Seasonality favors bears the next and next next week, so I’ll give bears some more days, but just don’t hope too much.

 

 

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
SSO	02/11/2011	$52.87	100	$51.78
SSO	02/11/2011	$52.87	100	$51.78	02/11/2011	$53.36	49.00	Partial profit to lock SDS losses.
SDS	02/10/2011	$21.68	500	$21.27	02/11/2011	$21.29	-195.00
SSO	02/09/2011	$52.91	200	$51.84	02/10/2011	$53.03	24.00
SSO	02/07/2011	$52.67	400	$52.10	02/07/2011	$52.84	68.00	Rare case for low risk entry.
SSO	02/04/2011	$51.78	200	$50.81	02/04/2011	$51.98	40.00
SSO	02/02/2011	$51.72	200	$50.69	02/03/2011	$51.86	28.00
SSO	02/01/2011	$51.03	50	$51.23	02/02/2011	$51.62	29.50
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							276.00

qianshui

safa?

yuliang

safa? thanks

qianshui

thanks, Cobra! Have a nice weekend!

bigbadwolf

Someone mentioned  that the market action is like in 1982-1983.

Bencat

源济

whzdf

jWishbone

Thanks.

hfang01

hi-liter

好！

lilitulip

The bottom line, the short-term trend is up. I hold partial long position over the weekend.
  ...
Cobra 发表于 2011-2-11 16:53

thank you. Looks like nothing work nowadays, the seasonlity, the stats, the TA, very frustrated....

wishful

翻页?

dommy

greenback

胡同儿串子

nice weekend!

nooutlier

thanks

happywacom

thanks

Cobra

greenback 发表于 2011-2-11 17:26

    我有个PM给你。谢谢。

navybean

Thanks. Have a good weekend.