January 29, 2014 - MDT - Food for Thought

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.

Here is a?group of names that are all trying to bottom.

Some have already gone from support to resistance like VLO.

These will all be in play after the Fed release if the Equity Indices hold the first break.

VIX....this could go to 15.40 with a big Risk On afternoon.

IBM,IBB,XOM ?are my favorites...

TSO...is at the 200 day mvg avg and not worth a chase.

VALE & VLO...should be viewed on the next pullback.

Every instrument can be an Island unto itself.

For Glossary of terms and abbreviations click here.

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