09/27/2011 Trading Signals

SHORT-TERM MODEL THINKS THE TREND IS UP, HOLDING NO POSITION OVERNIGHT

The bottom line, the daily chart certainly doesn’t look good as there’re some chances the top was in. Just since the selling was mostly before the close so could be emotional, therefore we need see tomorrow.

Some people asked about the month end sell setup, i.e. most likely up tomorrow but sell short at tomorrow close and hold until the month end used to be very profitable until recently which seems very bullish for the rest of the week, i.e. up 3 more consecutive days…

Those who follow Cobra Impulse System, it’s time to set the stop loss to breakeven. The short setup is not confirmed today and not longer valid.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=11%; SDS=11%; UPRO=17%;SPXU=16% Non-Stop 09/23 S N/A   Cobra Impulse 09/26 L  *Breakeven  *Adjust stop loss.

DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System)

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 09/27/2011 $41.84 100 $37.24 09/27/2011 $42.03 19.00 It’s average sell price. SDS 09/23/2011 $25.44 100 $22.90 09/27/2011 $22.90 254.00 New strategy, half positioned for risk $500 max. SSO 09/20/2011 $43.68 50 $39.31 09/20/2011 $44.06 19.00   SSO 09/15/2011 $43.00 50 $38.27 09/15/2011 $43.53 26.50   SSO 09/14/2011 $41.45 50 $39.31 09/22/2011 $38.09 -168.00  Gap down, manual stop loss used. SSO 09/13/2011 $40.51 50 $35.65 09/13/2011 $40.88 18.50   SDS 09/13/2011 $24.03 100 $21.39 09/22/2011 $26.25   222.00   SDS 09/02/2011 $24.35 100 $21.43 09/13/2011 $23.48 3.00   SDS 09/01/2011 $22.94 100 $19.96 09/01/2011 $23.01 7.00   SSO 08/30/2011 $44.09 50 $38.69 09/12/2011 $38.69 -270.00 Gap down, manual stop loss used. LAST   2935.00   SUM   2558.00

$500 max loss allowed per trade. For fun only. LAST = Year to the last month balance. SUM = Year to date realized gains/losses.