Monthly Archives: December 2011
The S&P 500 has changed from 1,265.42 to 1,257.60 (-0.62%). My portfolio value has changed from $62,264.38 to $61,537.94 (-1.17%)
Yesterday pull back indeed was a bear trap. History has showed that the last day of the year usually ends in red (9 out of 11 past years). Will the rally continue to live on? Or will the higher odds win … Continue reading
The longs that I loaded yesterday caused my gain in shorts to break even today . Nevertheless I unloaded my shorts today. I’m expecting today pull back was just a bear trap from the rally.
The S&P 500 broke my multimonth downtrend resistance. It will need to confirm with a second green bar tomorrow before I add my longs back. If indeed the bulls can make it, the S&P 500 will move 2% to 3% … Continue reading
The S&P 500 has changed from 1,219.66 to 1,265.42 (+3.75%). My portfolio value has changed from $61,486.39 to $62,264.38 (+1.27%)
Everything went as planned (see Outlook for Dec 22). I unloaded all my longs and started accumulating shorts.
Range day today as I expected. Tomorrow the bulls will have to test the multimonth downtrend resistance.
The bulls not only successfully defended the 1,205 mark but also pushed the S&P 500 35.95 points higher. Looked like Santa Rally started today. I expect a range trading day for tomorrow since the bears will fight back. However I don’t expect tomorrow is … Continue reading