02/04/2011 After Bell Quick Summary

Cobra

The bottom line, the short-term trend is up. I hold no position over the weekend.

 

The market closed strong, looks like it’ll gap up huge the coming Monday, but personally I don’t think the Monday gap if any could hold as there’re simply too many unfilled gaps especially COMPQ which now has 11 high to low gaps. Well, I know you don’t believe this kind of gap stuff, but INDU has been up 5 days in a row, short at today’s close and cover at the first down day close since 1999, you’ll have 67% chances. If another up day for INDU (that’s Monday), short at close than you’ll have 73% chances.

 

 

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	02/04/2011	$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							330.00

dreampen

Thanks!

nokia

oldfox

oda

源济

slcgh

jWishbone

Thanks.

atrader

thanks
Monday gap down is more likely.

learner2009

萧秋水

jpm

Diver

The bottom line, the short-term trend is up. I hold no position over the weekend.
 
The mark ...
Cobra 发表于 2011-2-4 17:09

Diver

估计是平开。

thanks
Monday gap down is more likely.
atrader 发表于 2011-2-4 17:18

jcw

greenback

Bencat

ninemao

Thanks a lot!
How about oil?

jamesmith

thank you, have a nice weekend

xz214