05/19/2011 Trading Signals

THE SHORT-TERM TREND IS UP, NOT CONFIRMED THOUGH, I HOLD TRAPPED SHORT POSITION OVERNIGHT

Mixed seasonality for tomorrow. On one hand it’s bullish Friday but on the other hand, according to Stock Trader’s Almanac, May expiration day, Dow down 12 of last 20, average loss 0.2%. My guess is we should see more push up at least in the morning.

MECHANICAL TRADING SIGNALS: 

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	4 of 5 SELL	5 of 5 NEUTRAL	Cobra Impulse in SELL mode; Non-Stop in SELL mode.
Short-term		6 of 6 NEUTRAL
SPY SYSTEM	ENTRY	STOP LOSS	INSTRUCTION: back test is HERE, signals are HERE.
Non-Stop	05/10 S	N/A	Short is for aggressive traders only.
CI Buy & Hold	05/17 S	N/A
CI Swing	05/17 S	2*ATR (10)

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 05/18/2011 54.27 100 $52.74 05/18/2011 54.65 38.00   SDS 05/16/2011 $20.51 400 $19.97         SDS 05/13/2011 $20.38 300 $19.97 05/13/2011 $20.43 15.00 Half positioned. SSO 05/12/2011 $54.70 50 $53.49 05/12/2011 $55.26 28.00   SSO 05/10/2011 $55.50 50 $55.12 05/10/2011 $55.99  24.50   SDS 05/09/2011 $20.40 300 $19.47 05/12/2011 $20.44 12.00   SSO 05/06/2011 $55.49 50 $53.49 05/12/2011 $55.18 -15.50 Half positioned. SDS 05/06/2011 $20.17 200 $19.47 05/06/2011 $20.40 46.00 Half positioned. SDS 05/04/2011 $20.12 200 $19.47 05/09/2011 $20.25 26.00 Half positioned. SDS 05/03/2011 $19.94 300 $19.47 05/03/2011 $19.98 12.00 Half positioned. SSO 04/20/2011 $53.62 100 $54.73 05/04/2011 $54.73 111.00   LAST   1387.00   SUM   1687.00

$200 max loss allowed per trade. For fun only. LAST = Year to the last month balance.