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.
SPU/BONDS,SSO & Spu's are all flirting with their respective ORL #'s.
This means it will be another late day trade to see if the bears can gain any traction.
I personally doubt it. It's just another equity check for the longs.
GS...traded down to the 50 day mvg avg.@ 171.08 a few minutes ago, which should attract some buyers.
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