Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Thursday, February 21, 2008
Triangle's still
The nimble traders have made a killing playing this triangle from bottom to top and back again. But this gig is up.....Friday will be the reckoning day and if the overall trend holds it should be a breakout to the bottom side. However, I would not be surprised to see another Short shakeout move higher before the selloff. We shall know the answer for sure by Monday's close.
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