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.
The worm is turning.
Pay close attention to the spread which is attempting an ORL day.
With the Nasd 100 flirting with 3593.25 (Unchanged on the Year)
a close below would send the Bonds up another point.
This is potentially a very negative pattern, particularly given the day of the week.
This will be a late day trade.