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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.

Wednesday, August 6, 2008

QQQQ's update and KO on Coke

The inverse Head & Shoulders pattern is intact and setting up for shorts soon:

But for those who are impatient Coca-Cola puts may be in order tomorrow. Be prudent and place a tight stop:

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