Live Update

Friday, April 8, 2011

04/08/2011 After Bell Quick Summary

The bottom line, the short-term trend is down, not confirmed though. I hold long position over the weekend for speculation play only.

I have no idea about the next Monday, but I think it should mean something for having 8 consecutive reversal like bars if candlestick pattern can be of a little use for the actual trading. Other than this, although I feel bearish but the truth is, at least at the very first glance, I don’t see any more bearish evidences yet (Except, perhaps oil? But it seems nobody cares about the gas price. Guess, everybody likes me who drives compact Japanese car and don’t travel at all for almost 4 years?). On the other hand, I know some still remember “very bullish Bearish Engulfing”. Well, today is not a Bearish Engulfing because yesterday was a down day.

1

Enjoy your weekend!

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 04/08/2011 $53.47 100 $51.57  
SDS 04/07/2011 $20.71 400 $20.46 04/08/2011 $20.86 60.00 Against trend 1st time, half positioned.
SSO 04/07/2011 $54.35 100 $53.09 04/08/2011 $54.36 1.00  
SSO 04/06/2011 $53.93 200 $53.09 04/06/2011 $54.13 40.00  
SSO 04/04/2011 $53.74 100 $53.09 04/08/2011 $54.00 26.00  
SSO 04/01/2011 $54.00 100 $51.57 04/05/2011 $54.18 18.00  
SSO 03/28/2011 $52.02 100 $49.91 04/01/2011 $54.09 207.00  
LAST 1158.00  
SUM 1510.00  

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