The bottom line, the short-term trend is up. I hold no position overnight.
Mixed seasonality for tomorrow, on one hand we have so called bullish Friday while on the other hand, according to Stock Trader’s Almanac, day before Presidents Day weekend, SPX down 16 of last 19 and February Expiration Day, Dow down 7 of last 11. I’m a little little bit leaning toward the bearish side though.
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 | 02/17/2011 | $54.05 | 200 | $53.26 | 02/17/2011 | $54.49 | 88.00 | |
SSO | 02/16/2011 | $54.08 | 300 | $53.78 | 02/16/2011 | $54.28 | 60.00 | |
SSO | 02/15/2011 | $53.68 | 100 | $52.18 | 02/16/2011 | $53.95 | 27.00 | Target met. |
SSO | 02/11/2011 | $52.87 | 100 | $52.18 | 02/16/2011 | $53.86 | 99.00 | Too nervous, shouldn’t close this. |
SSO | 02/11/2011 | $52.87 | 100 | $51.78 | 02/11/2011 | $53.36 | 49.00 | Partial profit to lock SDS losses. |
SDS | 02/10/2011 | $21.68 | 500 | $21.27 | 02/11/2011 | $21.29 | -195.00 | |
SSO | 02/09/2011 | $52.91 | 200 | $51.84 | 02/10/2011 | $53.03 | 24.00 | |
SSO | 02/07/2011 | $52.67 | 400 | $52.10 | 02/07/2011 | $52.84 | 68.00 | Rare case for low risk entry. |
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 | 550.00 |