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.
Equity short term traders.
RIG... is worth a buy with a 20 cent stop, looking for a rally to 37.20.
Both the XLE & DIG are trying to fine footing as well.
Same idea...keep it very tight to see what you can get.?
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.