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.
Pit sessions.....
SPU...sell stops and the ORL# is 1759.20
NASD 100...3369
All Sessions....
SPU... 1754.50 is the ORL.
Nasd 100...3368.50
Closing below the All session #'s would put in an interim market top.?Closing below the above levels are price negative.
For Glossary of terms and abbreviations click here.