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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.

Monday, March 2, 2009

GLD


Here's a great chart on where all the hoarding types put their "safe" money...in GOLD.

I think the Fibonacci fans work well on gold...

Is this looking like a failed cup & handle formation with the right side not reaching the previous highs and the handle being formed? Could we expect another final run toward $1k only to begin the fall back to the $700's?

For the Web's best interactive charts, please visit http://www.Prophet.Net
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