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 Equity side of the Spu/Bond spread is obviously leading.
Spu's are getting up to 1800 in the futures, which is another psychological hurdle.
We have an 1820 tgt in the Spu's. We're going to honor the level and take our half our Long Spu..( Long SSO off the table )
Sell 1/2 the SSO @ the market!
For Glossary of terms and abbreviations click here.