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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.

Friday, May 15, 2009

$SPX


Which way will it break? Above 5 day MA or below 20 day MA?

Yesterday could have been nothing but a retracement in the next Bear turn. If your long, better tighten stops. If your short, better tighten stops. In other words, nows a great time to Sit on Hands till Mother market decides which way the GPS is telling her to turn......


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

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