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.
YELP...is looking up. I just priced the calls expiring Friday and June 21. They all seem expensive.
By holding today's low (64.25) this will try and test 70 again.
RIO is crossing back above it's 200 DMA??. The strikes are 2/12 dollars apart making the the options unattractive.
The individual names within the miners will give you better trade location and risk management, if you're looking for a surrogate long vs the Gold.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
