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“Free Wheeling” Into Uncharted Territories: Merlin addresses a few listener questions pertaining to the “Debt Ceiling” crisis, trying to put things into perspective as the deadline looms. Bruce Millbury joins the show and shares a trade that he and his students entered this...

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Merlin addresses a few listener questions pertaining to the “Debt Ceiling” crisis, trying to put things into perspective as the deadline looms. Bruce Millbury joins the show and shares a trade that he and his students entered this afternoon on a price channel breakout. Bruce talks about his trading style, and how he deals with news and events which throw the markets around like a ragdoll. As the market’s rally, many stocks are hitting “Free Wheeling” levels, facing little resistance. Bruce talks about his recent article in Trader Magazine which talks about the principles behind “Free Wheeling, and how we as traders can use it to put the odds in our favor. PowerPick: WMT

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