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.
There are resting sell stops @ 141.18.
141.12 is the high of the weekly gap. This is a cover zone the first time in, it is not an area to initiate a new short.?
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For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
