Week of 2012 JA 13

SPY rose by 0.9% this week, while my account fell by 0.1%. 

The market tends to make a spike-low every 35 to 40 days.  There have been 33 trading days since the last spike-low on Nov. 25th.

		│	Daily % gain size																	│	Max % loss			│	Results
Symbol	since	│	Fri			Mon			Tue			Wed			Thu			Fri		│	Beg		End	│
RWM	JA06	│	+0.1	6		-0.5	6		-1.3	10		-1.8	10		-2.0	10		-1.5	10	│	−7.8		−6.9	│
SPY		│	+1.8			+2.0			+2.9			+2.9			+3.2			+2.7		│				│
me		│	+0.0			-0.0			-0.1			-0.2			-0.2			-0.1		│				│

For this year, the SPY and me rows in the table now start at +0.0 on JA 01, rather than restarting at +0.0 each week.

RWM: Gapped down on Tuesday, so I bought more at a lower price (which effectively tightened my stop-loss).  I had a limit-order to buy a third tranche if SPY rose to $130.50 (just below major resistance), but that didn’t happen.
      Next week: consider tightening the stop to 5%.  The 8% stop is for index funds to be held for several months, but I have doubts that I can really bear to hold this thing so long.  If I’m going to sell it at the January spike-low, the correct trailing-stop value is 5%.

MACD-based swing trades

Still no swing trades this week!  Hopefully the Minor [3] wave has just begun today and will trend downward next week.  PPO-signal is now only 0.18 and PPO-histogram is -0.20, so my robot-trader won’t buy anything unless there is a sharp drop of maybe 2% to trigger the delta rule.