February 5, 2015 - MDT Pro Tips A.M.

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.

Current Positions

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

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

LONG ?AAPL????????????????????????? ?????????? 116

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Today's Working Orders

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

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Stocks...

SPU's...2049.25 is today's ORH #

MIDCAP...147230 is today's ORH #

Bonds ...

FX...

EURO...114.85 is resistance. 113.00 is support.

GBP/JPY...177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices.

Commodities...

OIL...47.30 is support, only a close below 46.40 will lead to another leg down.

This could easily trade to 50 again today.

Gold...1254 is today's 200 DMA support with resting sell stops below.

General Comments or Valuable Insight

The Equity indices will be a headline Bot driven rip. I'm friendly to the Indices, however it will be easier to trade individual names than it will the Indices.

Spu's need closes over 2065 to start another leg up. Buying strength for the next 20 points will be problematic given the posturing with Greece.

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.

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