01/26/2011 After Bell Quick Summary

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

Indeed the FOMC day is bullish. A comment at my blog (thanks, by the way) saying that the next 2 days after FOMC most likely would have at least one down day. Looks like it’s true (count yourself below since I’ve already marked all the FOMC day), so combining with the 6.5.2b Month Day Seasonality Watch, if we see an up day tomorrow then short at close, would be a much safer bet. That’s for short-term of course. On a little bit longer than short-term, I’ll say the bulls are in control, but still bears are not dead yet.

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	01/26/2011	$50.87	200	$49.72	01/26/2011	$51.06	38.00
SSO	01/24/2011	$50.49	100	$48.97	01/24/2011	$50.52	3.00
SDS	01/20/2011	$22.98	200	$22.34	01/25/2011	$22.75	-46.00	Half positioned to balance long position.
SSO	01/19/2011	$49.81	100	$48.86	01/21/2011	$50.20	39.00	Speculation play, half positioned.
SDS	01/19/2011	$22.77	500	$22.34	01/19/2011	$22.91	70.00
SSO	01/14/2011	$50.06	50	$50.73	01/19/2011	$50.73	33.50
SSO	01/14/2011	$50.06	150	$48.86	01/14/2011	$50.65	88.50
SSO	01/12/2011	$49.91	100	$48.25	01/12/2011	$50.11	20.00
SSO	01/11/2011	$49.20	100	$48.25	01/12/2011	$50.02	82.00
SSO	01/11/2011	$49.20	100	$48.25	01/11/2011	$49.24	4.00	Risk control, half position out.
SSO	01/10/2011	$48.98	100	$47.65	01/11/2011	$49.38	40.00
SSO	01/06/2011	$49.26	100	$48.29	01/07/2011	$48.28	-98.00	Stop loss.
SSO	01/06/2011	$49.26	100	$48.29	01/07/2011	$49.50	24.00	Target met, partial profit.
SSO	01/04/2011	$49.02	100	$47.65	01/05/2011	$49.38	36.00
SSO	12/30/2010	$48.02	100	$48.66	01/04/2011	$48.66	64.00
SSO	12/30/2010	$48.02	100	$47.44	01/03/2011	$49.20	118.00	Partial profit.
SDS	12/30/2010	$23.88	400	$23.60	01/03/2011	$23.30	-232.00	Gap down, manual stop loss used.
SUM							284.00