How ’boutz battlin’ for a late day rally, yo?
__________________
I sold out of my $MDAS and $IAG positions earlier today, and picked up some $GMXR. Other than that, I will still slowly chip away at this market. I am in no rush buy all at once.
I know that may frustrate many of you degenerate types, but understand that if we are indeed going to see a sustained uptrend from here, we have plenty of time as the 50 day moving average needs to flatten out and then rise again. If it turns out that this rally is a huge trap, then I will still have my huge cash position as a cushion.
So, while many of you run around playing checkers, I am taking your Queen and putting that bitch away for good, right before I checkmate this market.
nice 🙂
I vote chessNwine for featured blog on the home page (nothing agains Bleier – I dig the webcast).
I read fly for trades and entertainment and Chess for context.