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.
Every market timer on the planet worth his salt has a projected short term high in the Equity Indices this week.
Spu's...start working below 1782 I'm looking for the high 60's.
Tomorrow it will be interesting to see if there is noise of taper talk out of the Fed minutes.
Instruments are very rich. While we did not go short, some instruments like LNG, after putting in an ORL day yesterday are having the expected pattern follow through. This is presently into first support @ 39.25. Once below this could have a significant sell off.
Fearless leader must be reading.
He just sent out two Bear trades.
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