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

6 comments

  1. Mark

    Thanks, Chess, Always informative and helpful.

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  2. JCraddock

    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?

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    • chessNwine

      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.

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  3. Lurker

    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.

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    • chessNwine

      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.

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