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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.

Saturday, September 20, 2008

Market outlook

Next week I expect the market to absorb the huge gap up by tediously fading back. If support is found at the shoulder lines it will lend more credence to charts across the board setting up for an inverse H&S pattern that could send things back up the year highs. The QQQQ's is looking like easy money if this turns out to be the case.




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