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.
It's going to be sloppy the rest of the day.
Since I'm called away and won't be in front of a screen to fight the Bots the rest of the day, I'm cancelling my buy orders In the Spu's.
CANCEL THESE ORDERS!!!!
BUY 2 EPZ4 @ 1996
BUY 2 EPZ4 @ 1994 ? ??
The level should be good for a bounce for those of you who are trading all day.
OIL & High Yielding debt will weigh on the market the rest of the day.
Baring a nuclear event in the Mideast, You won't be getting any help from the OIL Patch.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.