03/11/2011 After Bell Quick Summary

Cobra

The bottom line, the short-term trend is down, not confirmed though. I hold no position over the weekend.

 

I have no idea about the next Monday. Seasonality is very strong as according to Stock Trader’s Almanac, Monday before March expiration, Dow up 17 of last 23 and we could have a Head and Shoulders Bottom breakout with text book target at $131.93. On the other hand, the close doesn’t look good, could be a Shooting Star formed on a back test of the broken Symmetrical Triangle. I’ll see if I could find more excuses for either bulls or bears in the weekend to make a more solid conclusion. For now, the most important thing is, 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	03/07/2011	$52.17	100	$50.84	03/09/2011	$52.57	40.00	Half positioned.
SSO	03/04/2011	$53.01	100	$50.84	03/07/2011	$53.23	22.00	Half positioned.
SSO	03/03/2011	$53.33	100	$51.52	03/04/2011	$53.49	16.00
SDS	03/01/2011	$21.37	200	$20.62	03/01/2011	$21.76	78.00	New strategy, half positioned.
SSO	02/28/2011	$53.09	100	$52.20	03/01/2011	$53.69	60.00	New strategy, half positioned.
SDS	02/22/2011	$21.05	300	$20.62	03/10/2011	$21.82	231.00	Close all as per new strategy.
LAST							691.00
SUM							1138.00

greenback

I guess SF?

c3456

leftright

atrader

thanks

ppteam

daily chart looks good to bulls.
in 60mins chart, if we skip the triangle thing, that's bears failed to break down below.

dreampen

源济

新低手

recently i have seen large single spy AH trade, such as 6M....

today the biggest single spy trade: 14M

bears and bulls are fighting very hard

shcece

whzdf

天天向上

谢谢!!

nooutlier

thanks

noenoe

navybean

Thanks

xiaohehua

Thanks!!

netbanker

1st page

dommy

jpm

netfire