February 12, 2015 - MDT - Midday Missive

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.

I'll be leaving for meetings after London's close.

Don't chase anything!

Nasd 100...4339 is the HIGH daily & monthly close of the past 14 years.

I'd look for natural price rejection the first time up.

DAX...11,000 is going to be troublesome. Dax needs a couple of closes over this level for higher. It's a good place to tighten up your risk.

We're definitely doing the VIX trade if the cash gets to our level.

Solar names as well as the Banks are today's darlings.

CSIQ is coming into resistance near 30. This will need a couple of closes over to extend.

Trade where you can manage your risk.

Current Positions

????????????????????????????????? ? ???????????????????????????? Entry????????? ? Stop????????????????? TGT

LONG ZIOP?????????????????????????? ? ? ?? 7.99??????????? 8.00 Close

LONG ?AAPL????????????????????????? ?????????? 116.?????????????? 129.

LONG BRKB?????????????????????????? ????????? 149.67????????? 149.00 Close

LONG DXJ??????????????????????????? ????? 50.38??????????? 49.90 Close

LONG TLT??????????????????????????? ???? 129.40???????? 128.70 Close

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Today's Working Orders

SELL another 30% piece of the original ZIOP position @?10.90 ?GTC.

BUY 15 VIX 16 2/18/16 Calls @ the market when the Vix cash trades 14.90.

This is a situational trade.

SELL AAPL @ 128.75 GTC

SELL? 1/2? ? TLT? @ 132.05 GTC? ?

?Don't forget to cancel stops or resting orders if filled on any orders.?

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