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.
Gold is being favored omn the spreads today after holding a second retest of the unemployment?ORH @ 1149.
A close today over 1667.40 puts in an ORH day and leaves open a rally to 1185-90 weekly resistance.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
