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.
They tried the Equity indices both ways early.
Now what?
The retest of the 3754 qtrly level in the NASDAQ ( the failure to get all the way down there) + the low in the IWM will give hope to the Bulls for a late day squeeze up.
It will be a late day trade.
It's summer in the city, it will be just you and the bots!
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
