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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.

Tuesday, September 9, 2008

Bull follow thru - Hah












The VIX broke through to the upside and the next stop could be above $30.The S&P took out all of yesterday's gains and breeched the bottom of the fib line. The July lows are next...

















AAPL has hit the bottom of its year long range again, but is looking weaker here. The failed inverse H&S of last month propagted this downward move. Look for a bounce off of this resistance line and then the getting short should yield some nice profits.

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