While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
This market is beginning to smell like 3 day old dead fish.
SDS…can get some traction over 37.19
EWZ…is not giving me any love. The U.S. Equities Indices are still
trying to make up their mind and the stock rotation isn’t making it any easier to read the board.
DXJ…45.95 is a hold or fail level.
Europe has been trying to sell off the equities all morning.
Time frame trading the rest of the day.
For Glossary of terms and abbreviations click here.