The bottom line, the short-term trend is up, not confirmed though. I hold partial short position over the weekend for trying a new strategy as you can see I’m trying to hold some short-term position now so that if the strategy is OK, you might be able to follow in the future.

I have no idea about the next Monday, could be a bearish Rising Wedge in the forming so after one more push up (may or may not) we might see a pullback then normally should be another leg up which at the current stage, don’t know how far it could go yet.

SPY15min

Enjoy your weekend! Oh, in case you want to ask, no, today is not an All Up Day. Even it is, it has no edge now.

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 02/25/2011 $52.54 100 $50.84 02/25/2011 $52.95 41.00  
SDS 02/22/2011 $21.05 300 $20.62 Trying new strategy, so still hold.
SDS 02/22/2011 $21.05 200 $20.62 02/22/2011 $21.55 100.00 Partial profit.
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 691.00