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 buyers are back.
QQQ is a low risk buy with a stop @ 107.10.
Basically Long NASDAQ risking today's low.
SSO...is a low risk buy against today's low.
Disney... still like the name risking today's low. I'm still looking for a move to 112 as long as today's low holds.
UNH...as long as this remains above 112.88 it will keep on chugging.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.