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.
Cancel this order!!!!!!!!!!
Sell 30 Yr. Sept Bond Futures "(USAU)(ZBU)" @ 136.09 GTC
The Russell, Spu's & Nasd 100 have all put in ORL days.
It's more meaningful that the Spu's have done it from new all time highs, however all the Indices have come down to trend support.
In an abundance of caution I'm pulling the order for the overnight session and will revisit the trade in the A.M.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.