S&P 500 E-Mini Daily Trade - Feb. 26th

DISCLAIMER: I am not recommending this trade. This is for informational purposes only.

Daily Trade for February 26
Posted on February 25th, 2007


Prior Trade Results:

Loss of $270 per contract

Ending Balance:

$62,300

Trade for February 26th:

Long 2 E-mini SP contracts : NO CHANGE, STILL IN SAME POSITION SINCE FEB. 1st

Comments:

Further breakdown internally on model values, which is barely hanging on to its LONG position. Also, the model has a 3-day losing streak - historically, it averages less than 2 days, but it will run as high as 7 days. My own gut trade expects the SP500 futures to test 1445 (about 9 points lower), and I will probably go against the model in anticipation. If I am right, I’ll be interested to see if the model reverses direction.