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.
I'm not going to fool around with giving hard earned profits back this time of the year.
We've made our year and it's time to be conservative.
Any print in the Spu's near 1820 or 100 in the SSO will have us close out the rest of our long Equity exposure and wait.
There is always the possibility of a screw job coming with the holiday calendar next week.
I'd rather be small and make a little less than big and get thumped!
This will be a stock pickers board.
Emerging market Traders
EWZ...49.72 is 200 day mvg avg, natural resistance. Closes over this level are needed for more upside.
FXI...could easily do some back and filling to 39-38.75
EWW...as long as this holds 65.65 on breaks it remains on firm footing.
For Glossary of terms and abbreviations click here.
