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 board is mixed. Nasd 100 looks the most vulnerable on the spreads vs. the other indices.
I looked at buying downside in the SPY, Spu, & SSO. None were cheap.
I'm going to increase the Put purchase in the QQQ by another 25. Buy these before the close.
BUY 25 14 March QQQ 89 puts @ the market or MOC (Market On close) the goal is to get at least 25
Puts purchased today.
These puts expire next Friday 3/14/14
January, 2014 MediumTerm Outlook-1st-qtr-2014/
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