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 selling is not going to abate into the close.
We're down on the month and down on the year in both the Spu's & Nasdaq.
Stick to the stop written in GILD. We'll be out on the close!
Sell the QQQ position @ 101 intra day GTC.
Sell another 30% of ZIOP on the close.
Keep the sell stop working on the remainder.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.