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.
Nasd 100...resting sell stops are @ 3714, today's ORL # 90.81 QQQ
Spu's...resting sell stops are @ 1916, today's ORL # 192.26 SPY
DAX...resting sell stops are @ 98680, today's ORL # 31.87 EWG
VIX...by holding today's low this could rally to 13.30.
EURO...136.39 is today's ORH#. Even with this huge short covering rally the mvg avg resistance @ 136.47-61 is capping further gains.
Tomorrow morning might be another story if the Bonds can sustain a rally.
JJG...I am still waiting to pull the trigger on this Buy.
I want to wait it out to see if the Soybeans can get closer to 14.40-50 before deciding.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
