SPY rose by 1.7% this week. My account fell 0.9%, losing *almost* all its gains from last week. The loss-floor fell to -6.0%, remaining in roughly the same neighbourhood for a third week.
World news: Turkey has declared war on Syria, although it remains unclear whether the entity that is attacking Turkey is actually the Syrian government or rogue bands of Al Qaida members. For now the war remains cool, but Turkey’s Parliament has authorized its prime minister to invade Syria when/if he deems appropriate. Turkey would like to drag NATO into the war, but the NATO countries have their own problems right now.
IAU: Yet another week of almost no movement. Might be time to buy more soon, maybe when daily MACD goes positive, but I still haven’t written up a model to test that. Or the bottom could drop out of the stock market and drag gold down with it.
|Buy date||Buy price||Sell date||Sell price||Acct Profit|
|TZA||SE 24 14:00||$14.27||OC 01 11:00||OC 01 10:02||$14.39||$14.38||+0.1%|
|TNA||OC 05 11:00||$65.03||$65.01||(Not yet)|
TZA: Stop-update at 10am, followed by a sharp sell-off that hit the new stop a few minutes later.
TNA: An inauspicious beginning for this trade: the price fell all day after I bought it.
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