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.
We were just stopped out of our remaining Short in the Oil @ 100.20.
We have no current position in Oil.
100.43 is today's 200 day mvg avg.
Today's mvg avg resistance zone is 100.43-64.
Only a close over 101.30 will get us bullish.
January, 2014 MediumTerm Outlook-1st-qtr-2014/
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