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.
Nasd 100..a close below 3535 put in an ORL week.
This is a negative pattern.
Midcap...1342.50 is the weekly ORL
Spu's...1825 is the weekly ORL. They're below 1874, so they're no good in my world.
Below here the mayhem will continue for at least another 100 points.
TYM...I'm looking for a 124.25-27 print in the 10 yr. Note before I think of buying anything or looking for a short term low.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.