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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, April 6, 2009

SPY


Volume telling the story over the last ten days....
Voulme up on up moves and
Volume Down on down moves

This 10 day 10 min looks like a Cup with Handle getting ready to launch. This could be a huge setup for either side, but we may see a short squeeze to 875 before the end of the week.

I'm long calls with a stop at 82.20....


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