Stock #Market Recap 06/05/12 {Video}
6 Responses to Stock #Market Recap 06/05/12 {Video}
Thanks, Chess, Always informative and helpful.
Reply
Thanks, Mark.
Reply
Good Stuff! Sometimes I wonder if I try to get too Wizardly on my technical charts with all of the indicators.. what are your thoughts on that? Keep It Simple Stupid?
Reply
Price and volume are your two bookends of technical analysis. The other indicators should be used as pieces of the puzzle but not to the point where they overshadow price.
Reply
Hey Chess, I was wondering your take on speculation regarding the emergence of QE 3. Are you likely to buy tomorrow if the market moves up or are you going to relax with stockpiles of cash.
Reply
I won’t chase a gap up at the bell. If the gap holds after an hour or so, I will consider some small tester long positions. Many factors for me to consider tomorrow.
Reply