APR 4, SELL Hold short (-1000) I have been increasing long position since Apr 1. When the market failed to go down with "bad" news from LEH and UBS on Apr 1st. You got to buy big time. It's disappointing I didn't code correctly otherwise it would be a buy signal on MAR 31. (On the other hand, had it be a BUY signal, I might not be as aggressive buy as I did on Apr 1.) Looking forward I would expect the market to go up in the near term with the financials leading the way. Possible up a few percent from here which I call it IRS rebate rally (See Apr 2001).
And think about it, 80% American belive we are on the wrong track How high that could be? Weak dollar is the only way to save Amercian.
<table> <tr><td>Date </td><td></td><td>Action</td><td></td><td> Price</td><td></td><td>P/L</td><td></tr/> <tr><td>FEB 19:</td><td></td><td>SELL</td><td></td><td>@44.35 </td><td></td><td> Start</td></tr> <tr><td>FEB 22:</td><td> </td><td> BUY</td><td></td><td>@43.46</td><td></td><td> +0.89</td></tr> <tr><td>MAR 13:</td><td></td><td> SELL</td><td></td><td>@43.00 </td><td></td><td>(-0.46)</td></tr> <tr><td>MAR 19:</td><td></td><td> BUY</td><td></td><td>@42.32 </td><td></td><td>+0.68</td></tr> <tr><td>MAR 24:</td><td></td><td> SELL</td><td></td><td>@44.68 </td><td></td><td>+2.36</td></tr> <tr><td>MAR 25:</td><td></td><td> BUY</td><td></td><td>@44.82 </td><td></td><td>(-0.14)</td></tr> <tr><td>MAR 26:</td><td></td><td> SELL</td><td></td><td>@44.67 </td><td></td><td>(-0.15)</td></tr> <tr><td>APR 8:</td><td></td><td> BUY</td><td></td><td>@45.41 </td><td></td><td>(-0.74)</td></tr> </table>
<table><tr><td>Date </td><td></td><td>Action</td><td></td><td> Price</td><td></td><td>P/L</td><td></tr/> <tr><td>FEB 19:</td><td></td><td>SELL</td><td></td><td>@44.35 </td><td></td><td> Start</td></tr> <tr><td>FEB 22:</td><td> </td><td> BUY</td><td></td><td>@43.46</td><td></td><td> +0.89</td></tr> <tr><td>MAR 13:</td><td></td><td> SELL</td><td></td><td>@43.00 </td><td></td><td>(-0.46)</td></tr> <tr><td>MAR 19:</td><td></td><td> BUY</td><td></td><td>@42.32 </td><td></td><td>+0.68</td></tr> <tr><td>MAR 24:</td><td></td><td> SELL</td><td></td><td>@44.68 </td><td></td><td>+2.36</td></tr> <tr><td>MAR 25:</td><td></td><td> BUY</td><td></td><td>@44.82 </td><td></td><td>(-0.14)</td></tr> <tr><td>MAR 26:</td><td></td><td> SELL</td><td></td><td>@44.67 </td><td></td><td>(-0.15)</td></tr> <tr><td>APR 8:</td><td></td><td> BUY</td><td></td><td>@45.41 </td><td></td><td>(-0.74)</td></tr> <tr><td>APR 10:</td><td></td><td> SELL</td><td></td><td>@45.56 </td><td></td><td>(+0.15)</td></tr>