Wednesday, December 7, 2016
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,862 Blog Posts

Flexible Enough to Leg Back In

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Nice move this afternoon on the indices. Probably worth putting out some “feeler” longs here to see if they can withstand the initial test. There ain’t no free ride in the fast line in this market in April, though perhaps the tide is turning. Here is where agility is important to an individual trader, flexible enough to hop back in (and back out if necessary).

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4 comments

  1. leftcoasttrader

    If I hadn’t seen it I wouldn’t have believed it was possible.

    Damn!

    Oh right, risk reward seems pretty good here as well…good call.

  2. Eithan

    Chess your pictures are amazing (saying that without disrespect your awesome market analysis) everytime i read a post of u i’m wondering what pic u’ll find to add =]

    thanks for the fun u supply and once again great analysis.

  3. Sooz

    you know I’m shaking my head here..oh sheesh.

    pretty flexible, alright..

  4. Ron

    (speechless)