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.
The S&P has put in a lower low into a good level and trapped the shorts, including me.
A close over 1653 will see a short term trend reversal back to the upside.
The Spu's could easily retest 1680.
The individual names will be a much better trade than the Indices.
It's a stock pickers paradise again with? ?Ford looking to be one of the best looking instruments.?
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