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.
They might have screwed enough investors that we just put in a decent low.
I just priced some 122 through 124 SSO calls expiring Friday. They're too wide for my blood.
I'll wait it out until later in the week.
Until there is a? good low in Oil it will be a big trade.
Nasd 100...looking for a low in all the wrong places? 4118-20 is a good spot to look for another trad able bounce.
We're filled selling 1/3 rd of the JJG @ 40.20. I'm looking to exit the rest of the position at 42.
This is another position like Ford where we can't get hurt. We've paid for the trade and
are now playing with the House's money.
AAPL...today's low in AAPL was weekly support, however new upside momentum is not generated until you get closes over 115.
AUD/USD...closing and sustained price action under 82 will lead to another bout of selling.
NZD/USD...Kiwi remains weak under 77.50?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
