iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Stocks Going Rogue (NO PALIN)

12631 member and PPT Distinguished Gentleman (and Matt Simmons killer) “Po Pimp” noted earlier about the spread between the /ES and the S&P 500, which to me just illustrates the violent uncertainty seen in the market. On the 5-minute chart below stretching back to last Friday’s close, the market is trying to tighten its range, which means that we should see even further choppy action today. Try not to be jittery with your trading. Remember, activity does not necessarily equal accomplishment, especially when it comes to Mr. Market and his temper tantrums.

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2 comments

  1. chivo

    Market is a bitch and bitches are females…….

    Mrs. Market

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  2. Bill Trader

    Thanks Chess. Always helpful. We all need a reminder not to be impulsive. Trade what the market will give you

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