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

Marriage Material

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The persistent nature of overnight gaps and sensitivity of price action to news, rumors, and headlines has, heretofore, precluded me from putting on longer-term, conviction swing trades. That said, I see some technical signs that the market is currently improving, and I am staying open-minded and as nimble as ever. In doing research this weekend, the following weekly charts appear to represent the types of swing trades to which I can see myself making a longer-term commitment in an improving market, rather than just a series of quick one-night or one-week stands with decent daily charts, as has been the norm for months on end.

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7 comments

  1. FIG

    Netsuite, the new “N” word!

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  2. Yogi & Boo Boo

    Gee, I wish I read this before I ranted over in 12631. Nice post.

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  3. sjguitarman

    Nice post, Chess. Great pic, as always.

    If your posts were not any good, I would still keep coming back just for the pics. I must ask, though: do you know how hard it was reading those first few lines with that lovely young lady’s cleavage staring back at me? Geesh. %^)

    What were we talking about, again? Oh yeah – stocks!

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  4. zephler

    Chess – what do you think of the PLCE breakout?

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  5. DJMarcus

    nice setups posted. thx

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  6. madcat

    Nice setups

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