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.
GDXJ...resting sell stops are @ 42.54. A close below 42.20 should be of concern for the Bulls.
THRX...Theravance is holding up above it's 200 DMA. This needs above 28.10 or below 26.55 for new directional momentum.
PCYC...is positive as long as 92.50 holds. Today's low of 92.42 was trend & mvg avg support.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.