The bottom line, the short-term trend is down. I hold no position overnight. Theoretically I should hold partial 03/14 short but I didn’t take the trade due to network problem.
76% bullish biased toward tomorrow because VIX rose 18%+ today, long at close and sell at close tomorrow since 1991, you’ll have 76% chances. Besides, as mentioned in today’s intraday comment, gap down open the 7th consecutive day should be very rare, so we might finally have a gap up open tomorrow morning.
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 | 03/16/2011 | $22.81 | 200 | $21.85 | 03/16/2011 | $23.36 | 110.00 | Theoretically, should keep 03/14 short. |
| SDS | 03/15/2011 | $22.50 | 200 | $21.58 | 03/16/2011 | $22.60 | 20.00 | |
| SDS | 03/14/2011 | $22.01 | 200 | $21.02 | 03/15/2011 | N/A | N/A | Network problem, didn’t take the trade. |
| SDS | 03/14/2011 | $22.08 | 200 | $21.02 | 03/14/2011 | $22.17 | 18.00 | |
| SSO | 03/07/2011 | $52.17 | 100 | $50.84 | 03/09/2011 | $52.57 | 40.00 | |
| SSO | 03/04/2011 | $53.01 | 100 | $50.84 | 03/07/2011 | $53.23 | 22.00 | |
| 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 | 1286.00 |
