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.
30 Yr. Bonds…a close today over 135.15, today’s “ORH” in the Futures, will run out the shorts into Wednesday’s Fed release.
I would view that chart pattern as price positive the precious metals.
For Glossary of terms and abbreviations click here.