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
No current positions.
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Today's Working Orders...
No working orders
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Stocks...
Bonds...
30 yr. Futures....the path of least resistance looks to be back up again to the 133.16-22 level.
Bunds...show a daily double bottom @ 141.05. below they can go to 140.80, above 141.60
FX...
Commodities...
General Comments orValuable Insight
This A.M. call me the "Angel From Montgomery"
I've woke up in the morning and have "nothing to say".
With the ECB meeting followed by Draghi's press conference 45 minutes?later, I'll spectate.
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Short Term View...
Keep trading to make money. The opportunity will be in individual names.
Individual stocks look to be an easier read based off their own technical s. The Equity Indices seem stretched at these levels.
Go with the flow. Use the 9/30/13 ( September 30th) closes as your macro pivots. Trade the opening ranges and early time frames.
For Glossary of terms and abbreviations click here.
