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.
SELL 2?USAZ @ the market!?
Follow Up:
I've been harping for the past 5 weeks that the 30 yr. wouldn't top until the Bund hit 151.00.
Well we got it this A.M. so I started a small short. It was a great opening range trade.
Since I didn't sell them on Chicago's opening bell I opted for a small position.
I remain unconvinced that the volatility in the equity market is over so I'm not interested in betting the ranch on any trade.
Spu's could still go down and elect the sell stops below 1846 (the yearly close)
I sold @ 142.14.?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.