04/13/2011 After Bell Quick Summary

Cobra

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

Judging by how market closes, I guess we might see some weakness tomorrow morning at least. Statistics, however, favors a little little bit on the bull side as SPY has been down 5 days in a row, buy at today’s close, sell at tomorrow close, you’ll have 67% chances since year 2003. It’s not much edge especially if you have noticed that the drawdown is much bigger than the best gains.

If you consider SPX down 4 consecutive days then rebound 1 day like what happened today, buy at close then sell at close tomorrow, you’ll have only 43% chances since year 2003. So again, not much bull edges here.

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	04/13/2011	$21.19	300	$20.45				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	$51.57				Not sure, speculation play.
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

gold50

thanks.

Simpletrader

too bad for long

当时惘然

thank you.

oldfox

HTER

GoldLover

Thanks.

Billyboy

ideall

源济

IMeMyself

First page

slcgh

当时惘然

回复 Cobra 的帖子

a question for you.
do you have the statistic data show the number of clicks and replies on your daily outstanding report?
I think it might be a very useful index to show the bull/bear ratio.
I think if the market goes up, then the readers would be less, vice versa, market goes down, more readers.

niufen88

THANKS 班长。

maldini

rosyrosy

cartier

aimei

D
1st page?

shcece

trender

thanks