01/31/2011 After Bell Quick Summary

The bottom line, the short-term trend is down. I hold short position overnight, slightly underwater.

From ISEE, I see retailers are heavily betting on the upside perhaps for the very very bullish 1st trading day of the month which according to the Stock Trader’s Almanac, the first trading day in February, Dow and SPX up 7 of last 8. The statistics below is from Bespoke (the data is just a year old, so I assume it still applies?)

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	01/31/2011	$22.77	300	$22.09
SDS	01/28/2011	$22.64	100	$22.65	01/31/2011	$22.78	14.00
SDS	01/28/2011	$22.64	300	$22.09	01/28/2011	$23.03	117.00	Partial profit before weekend.
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							415.00