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 market is still a correction in the Nasd.
Investors are rotating ( trying to hide in XLU & Insurers this A.M.)
This is simply rotation into what seems to be lower risk dividend instruments.
This game too will end.
PCLN...look for 1120.
?Nasd 100??....resting sell stops are @ 3480. Look for a bounce @ 3425.?
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