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.
Opening range trading...Equity Indices are pretty rich up here.
Indices could certainly back and fill.
Long only managers should consider buying the TVIX with a stop just below today's low (2.36) as a short term hedge.
5 cents can buy you a good night sleep.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.