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.
Everybody is going to start pulling out #'s to pick a low in Equities.
I want to see the Spu/Bonds trade at or below the their 200 day mvg avg before I try and pick a low.
This is a level we have not seen in 14 months.
The lowest risk time to look for a contra trend trade will be after the NYSE close today.
We have to close on our rear and start higher in the Futures, and remain higher after 3:15 CDT.
This is a capital flow trade and the Bulls are giving all their money back.
This is not a trade for the retail or novice trader.
For the risk on crowd..the Bonds will be the best ( least volatile) vehicle to manage a trade.
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