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.
Spu’s elected the first set of sell stops and went nowhere.
SSO…91.70 is the low risk buy zone today. If the market is good
you won’t see the level. A close over 93.10 is constructive.
TBT…I like the 74.75 low. By holding this level you could get a run to 77.
It’s too early in the day for a meltdown. We just had a normal standard deviation move for the day.
This game will be played out late day
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