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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, November 4, 2008

Tech - the old gaurd?

XLK
AAPL

RIMM

GOOG

Do those first three charts look exactly like the QQQQ? What about GOOG? Can you say death spiral? The green line is first line of resistance on the bullis side, but I strongly believe any upside move can be shorted with confidence.

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