Week of 2012 DE 21

SPY rose by 0.6% this week, whjile my account fell by the same amount.  The loss-floor fell to -6.5%.

US news: On Thursday night, Speaker Boehner of the US House of Representatives announced that attempts to avert the Fiscal Cliff had failed.  The futures market briefly plunged, then recovered.  I expect the market will be going back down soon, but who knows?  Maybe the Obama Administration will continue with stealth money-printing until the re-inauguration, then allow all Hell to finally break loose.

Friday’s allocations:

Daily % gain size │ Max loss Sym  Buy │  Fri  Mon  Tue  Wed  Thu  Fri │ Beg   End   IAU  AU14 │ +0.7  14  +0.7  14  +0.5  13  +0.5  13  +0.4  13  +0.4  13  │ +0.1 +0.1 SRTY ¹  DE13 │ -0.2  15  -0.2  15  -0.2  15  -0.2  0  │ SRTY ²  DE17 │ -0.3  15  -0.3  15  -0.3  15  -0.3  0  │ -0.3 -0.3 TNA  DE18 │ +0.2  15  +0.2  15  +0.4  15  +0.1  15  │ -1.1 -0.3 SRTY ³  DE21 │ -0.2  15  │ -0.4 -0.4 SPY │ +13.2     +14.6     +15.8     +15.0     +15.6     +13.8     │ me │ -5.4 -5.7 -5.7 -5.6 -5.6 -6.0 │ floor │ -5.9 -6.2 -7.4 -7.0 -6.8 -6.5 │

SRTY ¹: Leftover trade from last week.

SRTY ²: Stopped out.  The market very quickly reversed direction.

SRTY ³: Hope for next week.

Stock-trading robot

Ticker Symbol		Buy date			Buy price			Sell date			Sell price			Acct Profit
		Model	Actual		M	A		Model	Actual		M	A		M	A
SRTY ²		DE 17 11:00			$36.99			DE 17 12:00	DE 17 11:40		$36.40	$36.29		-0.3%
TNA		DE 18 11:00			$62.49	$62.51		DE 21 11:00			$63.12	$63.08		+0.1%
SRTY ³		DE 21 11:00			$34.43			(Not yet)

Gold Trading

Almost all the profit has evaporated from my IAU holding.  Technically, there is little excuse for gold to go any lower unless it’s going to crash.  If it does, hopefully my stop-loss will get me out of it with a miniscule profit, in which case the whole thing will have been merely a waste of time.