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chessNwine

New York

Full-time Swing Stock Trader

Interests: film, food, poker, trading, politics, investing

Recent Activity

Farewell Post

Don't worry, I am not leaving the internet forever. I am changing locales. You can now find me, under the same name chessNwine, over at iBankCoin.com aka the house of The Fly. I will probably keep this site up for old times sake, but you will find my latest work... Continue reading

Posted May 10, 2010 at Double Dip Trader

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IMPORTANT POST!

As many of you know, in addition to my own personal blog here, I have been writing over at ibankcoin.com for the past several months. "The Fly" has decided to hire another blogger over there for full-time duties. I am in the race, and the vote is taking place as... Continue reading

Posted May 9, 2010 at Double Dip Trader

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Gold Looking Good

Posted May 7, 2010 at Double Dip Trader

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Post Market Courier 05/06/10

Even if the crash had not happened, we were still well on our way to having another bearish day, with weak, short lived bounces and constant selling pressure taking out many levels of support. In light of what did happen at 2.45 p.m. today, however, it seems foolish to even... Continue reading

Posted May 6, 2010 at Double Dip Trader

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chessNwine is now following jamaica

May 5, 2010

Where Are We Going, Where Have We Been?

The title of this post is a variation of the title of a short story by Joyce Carol Oates, “Where Are You Going, Where Have You Been? featuring one of the most evil characters in modern American literature–Arnold Friend. Ironically, many literary critics have argued that Friend was not even... Continue reading

Posted May 5, 2010 at Double Dip Trader

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chessNwine is now following Account Deleted

May 5, 2010

Post Market Courier 05/04/10

After we found a bottom from the late January correction at 1043 in the $SPX in early February, many traders became incredibly frustrated with how one sided the market had become when we rallied up above 1215 by late April. Volatility had seemingly disappeared off of the map, as had... Continue reading

Posted May 4, 2010 at Double Dip Trader

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Post Market Courier 05/03/10

The $SPX bounced back from Friday's pullback to close up 1.31% at 1202. Despite the impressive day for the bulls, we remain in a broad channel after our most recent rally since February. As the 30 minute chart of the $SPY below shows, we have violently swung above and below... Continue reading

Posted May 3, 2010 at Double Dip Trader

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chessNwine is now following Collin