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.
RIO...Cancel the order to buy @ 44.70
Gold is looking vulnerable and we'll revisit the miners when the Gold bottoms again.
Both the GDX & GDXJ can both probe lower.
OIL..we missed getting filled on our shorts. Oil is going lower.
The macro sell stops are resting @ 104.65.
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